PaymentsNews

On The Web

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Domains

TerraPay Helps Brings Remittance Services To Several African Countries

“GIMAC, the regional electronic money transfer platform of Central Africa, and TerraPay have signed a strategic partnership agreement that will strengthen the remittances ecosystem in CEMAC region, according to a press release. The partnership will enable instant cross border money transfer to bank accounts and mobile wallets in the CEMAC zone, comprising of Cameroon, Republic […]
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Companies

Paysafe Extends Reach Of Skrill Money Transfer Service

“Paysafe has extended the reach of its money transfer service, Skrill Send Direct, to nine countries, according to a press release. Skrill customers can now transfer money from anywhere in the world to bank accounts and mobile wallets in a total of 45 countries. The nine new countries added are Colombia, Ecuador, El Salvador, Guatemala, Honduras, […]
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On The Wires

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Domains

ICICI Bank Enables Non Resident Indians (NRIs) to Send Money Through Social Media on its Money2India App

“ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a service that enables Non Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail. Christened ‘Social Pay’, this first-of-its-kind service by any Indian bank is available on Money2India (M2I), the bank’s app for remittances. This new […]
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Domains

Geoswift Launches GeoRemit At Money 20/20 Europe To Streamline P2P Money Transfers Into China

“Geoswift, a leading provider of cross-border payments between China and the rest of the world, launches GeoRemit, a P2P money transfer service at Money 20/20 Europe today. GeoRemit will help consumers swiftly and securely transfer money to 90% of Chinese bank accounts, both debit and credit, in RMB, by utilising Geoswift’s network of banks in China. In most countries, remitting […]
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Domains

Western Union Expands Digital Service to Panama and Jamaica

“The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today extended its global digital footprint to Latin America and the Caribbean, activating the Western Union® mobile app (for iOS and Android) in Panama and Westernunion.com/jm in Jamaica, enabling customers to send money to more than 200 countries and territories, 24/7.”