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WorldRemit Launches New Online Money Transfer Service in Canada

23/3/2011 | 1 minute read

WorldRemit, an award-winning money transfer business, has now launched its service in Canada. The service will enable Africans to send money safely from the comfort of their own home to family and friends back home. This will be the first time an online money transfer service is available to customers who regularly send money to many corridors in Africa.

Worldremit's online money transfer service offers compelling benefits to hard-working African diaspora in Canada who on average spend more than one hour travelling to and from agent locations in this land of vast distances, to send small regular transfers of about $150.

Traditionally migrants used to send money home through agent locations which meant withdrawing cash from a bank, taking time off to visit an agent and queuing up to hand over cash. In some cases the travel costs of those who don't live near agents were more than the amount they send.

Now, using a variety of payment methods including debit and credit cards, customers can send money from the privacy and convenience of their own home or office without the need to queue up at an agent location.

WorldRemit currently offers money transfer to Europe, Asia and Africa. Recipients can collect cash from an extensive network of pay-out locations, or depending on country, directly in their bank accounts or mobile phone accounts.

For more information please contact media@worldremit.com 

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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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