- Sasai Remit, an online money transfer firm operating in Africa, has confirmed that it will launch a new system to help improve money transfer arrangements in specific corridors – such as Britain to South Africa.
- It aims to improve social mobility as part of the new set of services and provide women with improved security when making money transfers.
- “This partnership is a testament to our continued commitment to bringing a safer and more accessible platform to people working across the world to send money back to their loved ones or invest in their home countries,” said a senior figure at the company.
Sasai Remit, a major digital online money transfer company in Africa, has confirmed the arrival of a new service allowing for international payments along particular corridors.
Sasai Remit, owned by Cassava Technologies, said that it had partnered with the community organisation Qoki Zindlovukazi to enable transfers from Britain to South Africa.
The partnership will also focus on payments from Britain to Zimbabwe.
Qoki Zindlovukazi is a leading networking organisation for women based in the UK.
It is hoped that the new collaboration will mean that the two firms can enjoy secure financial technology transfers.
It is thought that cost will be brought down as a result of the new service.
It is hoped that it will increase access to money transfer services for the intended new customer base, some of whom have found it difficult to access such opportunities.
In a statement, a senior figure at Sasai FinTech said that the company was bringing to the market a transfer service that would reach more people that would be “inclusive” in nature.
Darlington Mandivenga, who serves as Sasai FinTech’s chief executive officer, stated that the firm was “excited” about the prospect of working alongside Qoki.
He said: “We want to introduce our convenient and inclusive transfer service to more users, and we are excited to partner with Qoki as an initiative that will help us realise this objective.”
He added that the new arrangement spoke to the “continued commitment” the organisation had to improve safety and accessibility relating to making money transfers.
“This partnership is a testament to our continued commitment to bringing a safer and more accessible platform to people working across the world to send money back to their loved ones or invest in their home countries,” he said.
He also pointed out that there was a “social mobility” dimension to the arrangement and that economic prosperity was important in this regard.
“As a business of Cassava Technologies, we always endeavour to ensure that our initiatives enable social mobility and the economic prosperity of individuals and businesses across the continent through increased access to the internet and technology,” he said.
As this article has shown, the global cross-border payments system operates everywhere and has a lot of capacity to adapt and change. Learn more about what all of the different parts of the system can do by heading over to our reviews section.
