Digital money transfer service WorldRemit announced on Tuesday it teamed up with payment system CONTACT to launch instant money transfers in Ukraine, Armenia, Belarus, and Kazakhstan.
According to WorldRemit, customers from more than 50 countries can use its app or website to send instant, secure money transfers to more than 125 destinations. Customers may now send money to be collected as cash pick up at more than 3,000 locations in Ukraine, 330 POS in Kazakhstan, 120 POS in Belarus, and 65 POS in Armenia.
Ismail Ahmed, founder and CEO at WorldRemit, stated:
“Many migrants living abroad work hard to support family members back home in Ukraine, Armenia, Belarus and Kazakhstan. Until now, they’ve had to endure the inconvenience and high fees from visiting offline money transfer agents. Now with the WorldRemit app, they have a simple, convenient and safe way to send money to their local communities.”
Elena Gafarova, vice-president for international development at CONTACT system, added:
“We are filled with enthusiasm to spread our joint service with WorldRemit to the other popular remittances directions with a vast CONTACT network. Now, more people from CIS countries are able to enjoy sending money using advanced digital and mobile technologies like the WorldRemit app. Our service is a great opportunity to show off the advantages of digital remittances technologies in cash-dominated areas”.