WorldRemit launches in Jordan and Gulf States
London. August 12th, 2014: WorldRemit - the online money transfer provider - today announced the launch of its first services in Jordan and the Gulf States of Bahrain, Kuwait and Oman.
Customers are now able to send a mobile airtime recharge to friends and family in more than 70 countries around the world using their computer, smartphone or tablet.
Airtime recharge sent through WorldRemit is delivered instantly and is free of transfer fees - senders only pay the face value of the airtime.
Ismail Ahmed, WorldRemit’s Founder and CEO said: “For millions of people around the world, mobile airtime is a precious commodity. It gives them access to jobs, healthcare and financial services through both voice and internet, as well as connecting them with friends and family.
“Despite the importance of mobile airtime, it has historically been very difficult for someone in one country to recharge a phone in another country. I am delighted that WorldRemit is now able to simplify that process for people in Jordan and the Gulf States.”
Of the world’s 6.9bn mobile connections, 77% are pre-paid. The number is expected to remain stable over coming years, with an estimated 76% of people using pre-paid connections by 2017, according to GSMA Intelligence.
Africa and Asia currently have the highest proportion of pre-pay at 96% and 82% respectively.
WorldRemit is an online service that lets people send money to friends and family in other countries. Customers can use WorldRemit anywhere, anytime on their computer, smartphone or tablet.
For those receiving money, WorldRemit offers a range of options including bank deposit, cash collection, Mobile Money, and mobile airtime recharge.
With low fees and guaranteed exchange rates, WorldRemit is bringing fair, transparent pricing to the money transfer industry.
The service is available in 48 countries and sends to more than 100 destinations.
In March 2014, WorldRemit received $40m funding from Accel Partners.
WorldRemit’s global headquarters are in London, UK with regional offices in USA, Canada, Australia, New Zealand and Hong Kong.