Online money transfer service WorldRemit has launched instant transfers to Tigo Mobile Money accounts in Rwanda.
This development makes WorldRemit the first international remittance service to offer transfers to mobile wallet users in Rwanda. The new service allows customers from over 50 countries from to send money to Tigo Cash customers in Rwanda as easily as they would send an instant message.
Tigo Cash in Rwanda offers innovative digital financial services to over 2.6 million people in Rwanda, with the main services includes sending and receiving money, merchant payment, utility bills and pay TV, as well as airtime recharge. Tigo Rwanda recently introduced Tigo Sugira, which offers the best interest rates on the market and is first savings account on mobile.
Alix Murphy, Senior Mobile Analyst at WorldRemit commented: “For those sending money to Rwanda, our partnership with Tigo Cash sets a new standard: no more extortionate fees, no more waiting in line at convenience stores and cash pick-up locations.”