Mobile Finance

MyCash launches mobile money transfers between Fiji, Samoa, Tonga and Vanuatu

Digicel enables money transfers between Fiji, Samoa, Tonga and Vanuatu

Digicel Pacific announced on Wednesday that it has launched a ‘Pacific Transfers’ service for its MyCash mobile wallet that it says enables direct, fast and relatively cheap money transfers via mobile between users in Fiji, Samoa, Tonga and Vanuatu.

The new service allows MyCash platform users to send funds instantly to family, friends, or business contacts in participating countries directly from their mobile phones.

Digicel Pacific regional HUB markets CEO Shally Jannif said the Pacific Transfers service is a low-cost and faster option for sending money between Fiji, Samoa, Tonga and Vanuatu, which up to now could only be done via physical agent locations or bank branches that charge high fees and process payments slowly.

“We recognised a critical need across our Pacific markets for a simpler, faster and more affordable way for people to send money to each other,” Jannif said in a statement. “With the launch of MyCash Pacific Transfers, we are breaking down those barriers, putting the power of instant, secure cross-border transfers directly into the hands of our customers via their mobile phones.”

To promote the new service, MyCash is offering zero fees on all transfers initiated between Fiji, Samoa, Tonga and Vanuatu for the first three months. After that, MyCash said fees will still be “substantially lower” than those charged by banks and traditional money transfer operators.



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