WorldRemit announces new partnership with Paykii

|

Daniel Webber
Daniel Webber
Founder & CEO
Daniel is Founder and CEO of FXcompared and has 18 years of experience in the international finance world focusing on cross-border payments, technology and the property sectors. Daniel is widely… Read more
  • New collaboration looks set to make it easier for customers to pay utility bills – even from abroad
  • More than 40 countries are on the list of nations from where these transactions can be originated
  • “This new service allowing our users to pay bills directly from abroad will make life easier for our customers, particularly in the current climate”, said a WorldRemit spokesperson

WorldRemit, which is one of the world’s most famous online money transfer organisations, has announced a new partnership with bill payment hub Paykii.

As part of the new collaboration, customers of WorldRemit will now be able to pay utility bills for relatives and friends based in overseas locations – or even just pay their own bills.

The new service will be available in more than 40 countries on the sending side, and a range of leading economies are included in the list – such as Australia, the USA and the UK.

The sorts of utility bills which can be paid using the new service will include mobile phones, electricity, internet connections and more.

Water and gas are also expected to be included.

Customers will also be given the option to enquire about their balance and find out the answer instantly, with up to date information provided.

According to Cath Rooney, who serves as head of product at WorldRemit, the new move came after the company carried out research into what its customer base was up to.

“Our research shows that WorldRemit customers are regularly sending money for specific purposes, including bill payments which recipients pay in cash”, she said.

“This new service allowing our users to pay bills directly from abroad will make life easier for our customers, particularly in the current climate, by providing a convenient, end-to-end digital service”, she added.

For Paykii, the firm’s co-founder and CEO Fabian Saide said that the two firms “worked closely” together.

“A significant portion of the money sent as remittances ultimately goes to paying basic monthly household expenses”, he said.

“Now WorldRemit customers have another great service to better manage their global financial health by directly paying bills for their loved ones or themselves back home.

“WorldRemit and Paykii have worked closely to build a global bill payment experience that delivers ‘Peace of Mind’ by ensuring the timely payment of those essential family expenses”, he added.

There’s no doubt about it: paying the bills is an important part in anyone’s personal financial plans.

It’s clear from this news that WorldRemit data supports the view that online money transfers are playing a vital role in helping people do this.

As Cath Rooney implies, the current climate is volatile for many people as coronavirus continues to rage around the world.

As lockdowns bed in and friends and family are separated across the miles, we can perhaps expect a spike in the usage of services like this one.

Are you struggling to keep up to date with the latest twists and turns in the busy international money transfer market?

If so, heading over to our magazine pages is a good way to keep yourself ahead of the curve.


Most Read

Use Our Currency Comparison Tool

Select country...

Select country...

Send

Editor's Choice

FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.