HomeSend and Azimo Launch New Mobile Money Services Throughout Africa and Asia-Pacific
July 21 2015 - 09:00AM
Business Wire
10 New Mobile Wallet Remittance Services
Bring Increased Choice and Flexibility in Sending Money to Loved
Ones Back Home
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@HomeSend & @AzimoMoney launch new mobile money corridors in
Africa and Asia-Pacific http://news.mstr.cd/1JsHS5t
HomeSend and Azimo today announced the launch of new mobile
wallet services in ten countries throughout Africa and Asia-Pacific
– reaching millions of mobile money subscribers. Azimo customers in
20 European countries are now be able to send funds to mobile money
accounts of loved ones in Armenia, Burkina Faso, Fiji, Ghana,
Indonesia, Kenya, Nepal, Nigeria, the Philippines and
Somaliland.
HomeSend, the global remittance hub, is a service that bridges
the gap between various entities globally such as financial
institutions, non-financial entities and mobile network operators.
Through HomeSend, Azimo customers will be able to conveniently send
money directly – and in real-time – to a recipient’s mobile money
account linked to their mobile number versus having to send funds
via an over-the-counter agent or directly to a bank account.
“We’ve seen an increased desire for people to be able to safely
send funds via mobile money accounts,” said Stephen Doyle, CEO of
HomeSend. “This form of money transfer has gained particular
popularity due to its convenience, security, competitive pricing
and near-instant delivery times.”
“Azimo is focused on being the universal digital platform for
remittances. With cash payout, direct to bank account, mobile
top-up and even home delivery money services in over 200 countries,
we already have the most comprehensive network of any digital
player” said Michael Kent, Founder and CEO of Azimo. “This tie up
with HomeSend to offer more mobile wallet services is a major step
on our journey.”
The World Bank estimates that global remittance market will
continue to grow this year to a projected total of $586 billion,
underscoring the demand for people to have access to safe and
secure ways to send and receive funds.
“Our partnership with Azimo adds to the tremendous reach of the
HomeSend network,” added Doyle. “We’re excited that these kinds of
meaningful partnerships are helping to not only give consumers
access to safe ways to send funds, but also drive more financial
inclusion around the globe.”
About Azimo
Azimo is a London-based online money transfer service, changing
the way people send money around the world. Honest, transparent and
social, Azimo is the cheapest and easiest way to send money to over
200 countries across the world, from any internet connected
device.
www.azimo.comwww.facebook.com/azimomoney@azimomoney
About HomeSend
HomeSend is a joint venture created by MasterCard, eServGlobal
and BICS that enables B2B cross-border and cross-network value
transfers through a single connection. It builds on the successful
deployment of mobile enabled person-to-person transfers in emerging
markets and the digitization of money transfer services. The
HomeSend service innovatively bridges the gap between finance and
telecommunication service providers and enables consumers to send
money to and from mobile money accounts, payment cards, bank
accounts or cash outlets – regardless of their location or that of
the recipient.
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version on businesswire.com: http://www.businesswire.com/news/home/20150721005146/en/
MEDIA:HomeSendAnnie CauthrenT: 646-935-4168E:
Annie.Cauthren@Ketchum.comorAzimoRooster PRMelissa
Hobson / Tim ThackrayT: +44 (0)20 3440 8930E:
TeamAzimo@rooster.co.uk
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