WorldRemit launches instant Mobile Money transfers to Congo DRC
Congolese diaspora can now send remittances instantly to Airtel Money wallets
London, 23 March 2016: Money transfer app WorldRemit – the ‘WhatsApp of money’ – has launched instant remittances to Airtel Money wallets in Congo DRC.
This means that any Airtel subscriber can now instantly receive remittance payments on their phone instead of travelling to a foreign exchange bureau to collect cash. There are currently over one million Airtel Money users in Congo DRC.
WorldRemit is the leading sender of remittances to Mobile Money services worldwide. People in more than 50 countries currently send over 400,000 transfers with WorldRemit to more than 125 destinations every month, with around a third of transfers going to Mobile Money wallets.
Alix Murphy, senior mobile analyst at WorldRemit, comments: “Mobile Money is driving financial inclusion in Congo DRC, where less than 18% of the population has a bank account. Not only does it provide Congolese with a secure way to send, store and receive money, Mobile Money also allows people to receive salary payments, pay bills and make purchases at local shops.
“Now Congolese can instantly receive remittances onto their Airtel Money wallets from their loved ones abroad with WorldRemit. At WorldRemit we make sending money overseas as easy as sending an instant message.”
In addition to instant transfers into Airtel Money wallets, WorldRemit also offers the option for people in Congo DRC to collect transfers as cash at any branch of Moneytrans.
Note to editors
- Images for press here
For more information, please contact [email protected]