WorldRemit Launches Online Money Transfer in Hong Kong
Customers can send money to over one hundred destinations
London, UK, 06 June 2014: WorldRemit, the global online money transfer company, has expanded its services in Hong Kong. Customers in Hong Kong will now be able to send money to friends and family worldwide, using a mobile phone, tablet or computer. This service is an addition to the existing airtime top-up for mobile phones. Payments can be made using a debit or credit card and the money can be received as cash, or sent to mobile phones and bank accounts.
People in Hong Kong sent $607 million in remittances overseas in 2012 according to the World Bank and WorldRemit's low-cost, fast and secure service offers a new solution for those who have been travelling to and from agent locations to conduct transactions. The company’s online business model is an efficient and transparent alternative to traditional money transfer operators.
Ismail Ahmed, Founder and CEO at WorldRemit, said "Our mission at WorldRemit is to give our customers as much choice as possible when transferring money. We are proud to increase the speed and convenience with which people in Hong Kong can send money to friends and family overseas.”
 CGAP, “How the poor can benefit from choice in the remittance market” by Wameek Noor &
Rasesh Mohan (24 October 2013)