WorldRemit says 90% of Kenya transfers go to mobile money

Wednesday 27 July 2016 | 13:57 CET | News
UK-based money transfer start-up WorldRemi says Kenyans living abroad have sent one million money transfers with its application or website. WorldRemit now sends more than 50,000 transfers to Kenya every month, with over 90 percent going to mobile money accounts such as M-Pesa and Airtel Money owned by Safaricom and Airtel Kenya respectively. Customers can also send transfers direct to bank accounts, for cash pick-up from KCB Bank Kenya and Upesi Money Transfer branches, or as mobile airtime top-up. Around three million Kenyans live abroad, with large communities in countries such as the UK,

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Categories: Mobile & Wireless
Companies: Airtel Kenya / Safaricom
Countries: Kenya
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