Worldremit to work alongside Airtel Rwanda for remittance boost

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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
  • WorldRemit will collaborate with Airtel Money to deliver a remittances service.
  • WorldRemit customers in nations such as France and the US will be able to send cash.
  • “We are delighted to partner with Airtel Money to ensure that Rwandans can have access to financial support from their loved ones abroad,” said a WorldRemit spokesperson.

Online money transfer company WorldRemit has announced a new partnership with Airtel Rwanda.

As part of the new joint endeavour, customers of Airtel Money will be able to get remittances sent straight to their e-wallets with the firm via WorldRemit.

WorldRemit customers in various countries will be able to send the cash, which will move right away.

The countries on the list include Canada, the US, Germany and France.

Also represented are Sweden, Belgium, the UK, Norway and the Netherlands, as well as nations further afield such as Australia.

Airtel Rwanda is described as a major provider of various services, including mobile financial services as well as data and phone call functions.

According to Carine Umurerwa, who is WorldRemit’s country manager for Rwanda, the new partnership is especially vital in the context of the coronavirus pandemic.

“We are delighted to partner with Airtel Money to ensure that Rwandans can have access to financial support from their loved ones abroad. This is more important than ever with lockdown measures in place.”

She added: “This partnership allows us to give customers even more remittance options whilst continuing to provide a convenient, safe and secure service.”

Amit Chawla, who serves as Airtel Rwanda’s managing director, added that the firm was “excited” about the new collaboration.

“We are excited about this partnership with World Remit as it allows our customers to receive money from their friends and family across the world at their comfort,” he said.

“This contributes to our drive to offer our customers the convenience of using their Airtel Money wallets to carry out their day to day activities.

“WorldRemit makes it easy to send money to Airtel Money accounts in Rwanda from more than 50 countries around the world.”

He added: “Just download the app or create your free account to start transferring money to family and friends in Rwanda today.”

Many observers of the cross-border payments markets will not be surprised to hear about this new collaboration.

Rwanda is an increasingly key market for players in the remittances sector, with one estimate from the World Bank suggesting that remittances received in the country have represented more than 2% of the nation’s gross domestic product in recent years.

In fact, it may well be that other firms decide to follow suit now that WorldRemit has shown its commitment to providing services in the country through this partnership.

Staying as well-informed as possible about the state of the international money transfer market is a great idea – especially during these tumultuous times.

To learn more, pay a visit to our news pages


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