Digital money transfer service WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts.
Pioneering a mobile-first approach to the $600 illion a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile payments from Silicon Valley and Sub-Saharan Africa.
WorldRemit will enable Android Pay users to safely and securely send money to +112 million mobile money accounts accessible via its network. The integration will make WorldRemit the only remittance provider offering international payments through Android Pay around the globe.
By connecting directly with Android Pay, WorldRemit customers can transfer money instantly across continents in just 5 taps – without entering credit card or 3DS details. Using mobile money, a recipient customer can then pay for school fees, utility bills and groceries among other things directly from their mobile phones – without the need for 3G or wifi. As Android Pay is supported by industry standard tokenization, payments are sent with a virtual account number providing an extra layer of security.
WorldRemit currently sends money to more mobile money accounts than any other operator in the world. The company enables migrants to send money from their smartphones to the mobile phones of the people they love, in over 140 countries to be paid out in cash, paid into a bank account or into a mobile money account.
• Transfers to most countries are instant – send money like an instant message.
• More ways to receive (Mobile Money, bank transfer, cash pickup, and mobile airtime top-up).
• Available in over 50 countries and 140+ destinations.
• Backed by Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.