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WorldRemit partners with Cash Plus for digital money transfers to Morocco

11/7/2019 | 2 minute read

Using the WorldRemit app, customers in over 50 countries can now send money instantly to +2000 new cash pickup locations in Morocco.

London and Rabat, 11 July 2019: Leading online money transfer service WorldRemit has teamed up with Cash Plus to enable digital money transfers to +2000 cash pickup locations across Morocco - from Tangier to Lgouira.

WorldRemit saves customers time and money as they do not have to pay expensive fees at a money transfer agent to send money home. The company offers a variety of convenient ways to send money to Morocco including bank transfer, cash pick-up and mobile airtime top-up.

The new partnership with Cash Plus considerably expands WorldRemit’s footprint in Morocco, taking its total number of cash pickup locations in the country to nearly 5,000.

Cash Plus is one of the largest payment institutions in Morocco, offering a range of convenient solutions for customers sending and receiving money, as well as paying taxes and bills.

Nearly 3 million Moroccans live abroad and the money they send home makes an important contribution to the country’s economy. The World Bank estimates that Morocco received over $7.3 billion in remittances in 2018, representing over 6% of its GDP.

AbdelJalil Rahmani, Business Development Manager for North Africa at WorldRemit, said: “We are delighted to partner with Cash Plus, one of the largest payment institutions in Morocco, to add +2000 new cash pickup locations to our network in the country.

“The new partnership connects thousands more remittance receivers living in urban and rural areas to our award-winning money transfer service. Transfers sent for cash pickup are instant and we send notifications to both senders and receivers when a transfer has been sent and delivered so there are no wasted journeys.”

Hazim Sebbata, CEO, at Cash Plus, added: “We are honored to be partnering with WorldRemit to provide seamless digital experiences to the Moroccan population and diaspora. At Cash Plus, we encourage the rise of digital and mobile technologies across the financial services industry.

“Hence, we are pleased to partner with one of the world’s fintech leaders and expand the range of digital financial services available to our existing and potential clientele”.

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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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