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WorldRemit and Zimpost launch instant money transfers to Zimbabwe

15/2/2017 | 3 minute read

Partnership expands cash pick up locations in the country through the extended network of Zimbabwe’s leading posting company

London and Harare, 15 February 2017: Digital money transfer service WorldRemit and Zimbabwe’s leading postal company Zimpost (Pvt) LTDhave partnered to open up new remittance routes to Zimbabwe. 

The partnership is expected to support the growing demand for instant transfers in the country. It complements existing money transfer options of Mobile Money, bank deposits, cash pick up and airtime top-up.

Through Zimpost’s extensive agent network, WorldRemit customers can collect cash  at locations all over the country – including Harare, Mutare, Masvingo, Gweru and Bulawayo. For a detailed list of all pick up locations in Zimbabwe please visit the WorldRemit website here.

Zimpost is the leading postal, communication and financial services provider in Zimbabwe. The company has an unrivalled postal network spread throughout the country.

Remittances play a vital role in Zimbabwe’s economy – the country received more than $2 billion of remittances in 2015 accounting for almost 15% of its Gross Domestic Product (GDP), according to the World Bank.

With the WorldRemit app or website, customers send more than 580,000 transfers every month to more than 140 destinations. WorldRemit, known as the “WhatsApp of money”, makes sending a remittance as easy as sending an instant message.

Pardon Mujakachi, Country Director at WorldRemit South Africa, comments: “We want to offer our customers the widest and most convenient choice of pay-out options. ZimPost is a trusted and dependable brand with a fantastic network of locations across the country. Our partnership will extend our footprint into new territories and will enable even more people to make secure, instant money transfers.”

Sifundo Chief Moyo, Acting Managing Director at Zimpost, added: “We are delighted to enter into this partnership with WorldRemit. We rely on their expertise to give people the power to share money anytime, anywhere taking advantage of our unrivalled postal network spread throughout the country and WorldRemit’s technical and operational excellence to support the Zimbabwean people”.

For more information on how to send money to Zimbabwe, click here.

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About WorldRemit

We are a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global remittance brands. 

We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower cost. We currently operate in more than 5,000 money transfer corridors worldwide and as part of Zepz, are part of a 1,400 person global workforce.

Sending money with WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, we offer a wide range of options, including bank transfer, cash pickup, airtime top up and mobile money. 

Backed by Accel, TCV and Leapfrog – WorldRemit’s headquarters are in London, United Kingdom, with regional offices in the United States, Poland, Canada, Australia, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.

About Zepz

Zepz Group is the group powering leading global remittance brands: WorldRemit and Sendwave. Since 2021, Zepz Group has been disrupting an industry previously dominated by offline legacy players by reducing the barriers to finance and increasing safety and convenience for users. Every day, Zepz Group and its brands work towards unlocking the prosperity of cross-border communities through finance and technology - driven by the vision of a world that celebrates migrants’ impact on prosperity, at home and abroad.

Zepz Group brands have helped cross-border communities send over $15bn from 50 countries, to recipients in 130 countries in 2022, and operate over 5,000 money transfer corridors worldwide. Zepz Group employs over 1,400 people globally as a remote-first employer, with team members located across six continents.

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