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WorldRemit launches money transfer App as financial services move to mobile

3/11/2014 | 2 minute read

Today WorldRemit announces the global rollout of its new mobile App, enabling customers to send fast, secure and low-cost money transfers from their Android devices.

The app makes it possible for people to send money to more than 110 countries across six continents.

Transfers can be received as a bank deposit, cash pickup, Mobile Money or mobile airtime top-up, depending on the recipient’s country.

WorldRemit has gained recognition as a leading player in the shift to mobile-based financial services.

Ismail Ahmed, founder and CEO of WorldRemit said: “When WorldRemit started sending money online it freed people from transfer agents. Our mobile App means you can now step away from the computer and send anytime, anywhere.

“This is part of a wider mobile revolution. On the receiving end, the number of transfers going to Mobile Money services is growing while mobile airtime top-ups are also increasing. The future of remittances and all financial services is clearly mobile.''

WorldRemit predicts that the majority of its customers will use the service via mobile Apps in the near future. In the UK, mobile web traffic to worldremit.com has already overtaken that coming from desktop.  

The move to mobile for remittance senders is mirrored on the receiving end with a growing number of money transfers going to mobile devices.

In Kenya, 82% of WorldRemit transfers are received on M-Pesa Mobile Money, while 60% of all transfers to Zimbabwe are sent to EcoCash Mobile Money.

Overall, more than 50% of all WorldRemit transfers to Africa are received as Mobile Money or airtime top-ups. 

An iOS version of the WorldRemit App is due to launch shortly.  

For more information, please contact media@worldremit.com

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media@worldremit.com

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.

A fast and secure way to send money on the go

Download our app for free to send money online in minutes to over 130 other countries. Track your payments and view your transfer history from anywhere.

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