MoneyTrans has announced a partnership with TransferTo, to offer Moneytrans customers real-time transfers to Mobile Money accounts.
Moneytrans has been working with TransferTo to deliver airtime remittances and is now extending the partnership to Mobile Money. By utilising TransferTo’s Mobile Money Remittance Hub, the Moneytrans service will be faster, cheaper, simpler and more secure for those sending and receiving Mobile Money all over the world. Moneytrans’ reach extends to well over 145,000 points of sale in over 95 countries around the globe, covering four continents.
TransferTo’s Mobile Money Hub provides a dedicated, scalable and fully compliant solution for Financial Institutions and Mobile Operators to connect to millions of Mobile Money accounts worldwide with a single connection. The hub is regulated in the UK and fully compliant with US and EU regulations.
Eric Barbier, CEO of TransferTo, comments: “We are delighted to be working with Moneytrans to help them provide their customers with Mobile Money services. The TransferTo Mobile Money Remittance Hub will enable Moneytrans customers to have more control over how, when, and where they access funds via mobile. By utilising our technology, Moneytrans customers can now send and receive money quickly and affordably.”
“Thanks to TransferTo’s Mobile Money Remittance Hub, we are able to quickly and conveniently launch Mobile Money services for our customers. This additional step toward technology fits in with our strategy to become a leader on the African corridor where mobile money has become a must.” said Jeremy De Smet, COO at Moneytrans. “This partnership will help us to offer our clients and partners alike the quality, reliability and rapidity of service they rightfully expect from a money transfer specialist.”
