WorldRemit launches mobile recharge service in Taiwan
WorldRemit, the online money transfer provider, announces that customers in Taiwan can now send mobile recharge to friends and family overseas.
The service enables sending to 80 countries, with money being added instantly to recipients’ pre-paid phones.
WorldRemit’s founder and CEO, Ismail Ahmed said: “Mobile airtime is a key part of our modern, connected world. For billions of people it is a means of accessing employment, healthcare and financial services, as well as their gateway to the internet.
“However, until recently it was extremely difficult to send an airtime recharge to someone in another country. Now, with WorldRemit the process is not only simple, but also fast, secure and free of transfer fees.”
Of the world’s 6.9bn mobile connections, 77% are pre-paid.
The number is expected to remain stable over coming years, with an estimated 76% of people using pre-paid connections by 2017, according to GSMA intelligence.
Africa and Asia currently have the highest proportion of pre-pay at 96% and 82% respectively.
WorldRemit allows mobile recharges to be sent from a computer, smartphone or tablet.
WorldRemit is an online service that lets people send money to friends and family in other countries. Customers can use WorldRemit anywhere, anytime on their computer, smartphone or tablet.
For those receiving money, WorldRemit offers a range of options including bank deposit, cash collection, Mobile Money, and mobile airtime top-up.
With low fees and guaranteed exchange rates, WorldRemit is bringing fair, transparent pricing to the money transfer industry.
The service is available in 50 countries and sends to more than 100 destinations.
In March 2014, WorldRemit received $40m funding from Accel Partners.
WorldRemit’s global headquarters are in London, UK with regional offices in USA, Canada, Australia, New Zealand and Hong Kong.
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