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WorldRemit and Vodafone launch instant international money transfers to M-Pesa in Romania

London, UK, 10 December 2015 – Digital money transfer service WorldRemit and Vodafone Romania today introduce international money transfers to Romania through Vodafone M-Pesa. WorldRemit customers can now send instant money transfers to any Vodafone customer in Romania – just like an instant message.

Vodafone users registered with M-Pesa can simply withdraw the received amount in more than 2,100 M-Pesa locations nationwide or use it directly from their mobile phone for payments like utility bills, recharging Cartela Vodafone and buying goods at selected merchants. The solution is available for any Vodafone mobile customer in Romania: if the recipients do not have an M-Pesa account they can access the transferred funds immediately after registration for the M-Pesa service.

WorldRemit is the world’s leading sender of international remittances to Mobile Money services. Customers in more than 50 countries use the WorldRemit app to send over 300,000 transactions each month to over 125+ destinations.

“We offer all Vodafone customers a new service that is secure and fast at a very competitive rate. International Money Transfer through Vodafone M-Pesa is the 1st Mobile platform on the Romanian market that enables Romanians to receive money from other European countries, US and Canada with immediate and 24/7 access to funds. We also make it easy for recipients to call back and say thank you using free international minutes received as bonus with each transfer. Parents living abroad can send money to their children in Romania or to other relatives, and the list can go on. So now, receiving international remittances is even easier and more convenient with the partnerships between Vodafone M-Pesa and digital money transfer service WorldRemit“, said Valentin Stefan, Director, Business Development, Vodafone Romania.

Alix Murphy, Senior Mobile Analyst at WorldRemit, comments: “For the millions of Romanians working abroad and sending money home, our partnership with Vodafone M-Pesa sets a new standard: no more extortionate fees and no more waiting in line at money transfer agents for either them or their families. Now with WorldRemit and Vodafone Romania, they can send money home just like an instant message. We’re excited to be working with Vodafone - one of the industry leaders in Mobile Money - to provide this state-of-the-art service to our Romanian customers.”

This new service allows Vodafone Romania customers to instantly receive money from abroad for urgent matters.  Other advantages of the new service are ease of use, no associated fees for using funds from the M-Pesa account for paying bills and instant notifications as soon as the transfer is confirmed by the sender.

WorldRemit is changing the way people send money. 

·         It’s easy – just open the app or visit the website – no more agents.

·         Transfers to most countries are instant – send money like an instant message.

·         More ways to receive (Mobile Money, bank transfer, cash pickup, and mobile airtime top-up).

·         Available in over 50 countries and 125+ destinations.

·         WorldRemit raised $140m from Accel Partners and TCV – investors in Facebook, Spotify and Netflix.

WorldRemit’s global headquarters are in London, UK with regional offices in USA, Canada, Japan, Australia and New Zealand.  Read more: https://www.worldremit.com/en/about-us.

M-Pesa in Romania: Romania was the first European country where M-Pesa become available in March 2014. M-Pesa functions through an innovative technological platform, with an high security level. The service can be activated for free, by any Vodafone user over  the age of 14, at any M-Pesa affiliated store. Currently M-Pesa service can be activated in a network of over 2100 locations – Vodafone stores, partners’ stores and Rompetrol gas stations. The full list of locations is available on www.m-pesa.ro, at *789 or in the mobile app. More information on www.m-pesa.ro.

Vodafone Romania is a subsidiary of Vodafone Group,one of the world’s largest telecommunications companies which provide a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 57 more, and fixed broadband operations in 17 markets. As of 30 September 2015, Vodafone had 454 million mobile customers and 12.5 million fixed broadband customers. For more information, please visit: www.vodafone.com.

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