WorldRemit, the global online money transfer service has announced a partnership with Mukuru, one of Africa’s largest remittance providers to broaden options for cash pick up in Zimbabwe.
The partnership will be instrumental in bringing world-class financial services to Zimbabweans and generating new synergies for African financial inclusion.
Pardon Mujakachi, Head of Sub Saharan Africa and Country Director for Zimbabwe at WorldRemit says “We have witnessed an increasing demand as more Zimbabweans are using our digital app to send money to their loved ones. Through this partnership we are able to drive our service further and wider, providing access to remittances even in small towns and growth points across the country. We want to ensure that everyone, everywhere has access to our service which offers a fast and convenient user experience, affordability and easy access to cash.”
Andy Jury, CEO, Mukuru says “We are excited to be able to extend Mukuru’s valuable pay-out footprint to more customers, and to harness this opportunity with WorldRemit’s global reach to expand our fast-growing global presence – while simultaneously creating new opportunities for customer-led innovation on the continent. These types of synergies bring immediate value to our customers, and alleviates their day to day challenges with user-friendly solutions.”
With many families in dire need of financial resources during the coronavirus pandemic, the partnership enables WorldRemit customers in over 50 countries including the United Kingdom, United States, Australia, New Zealand, Canada and Europe to send money to their loved ones far and wide in Zimbabwe.
Recipients are now able to collect their WorldRemit remittance at any of Mukuru’s 120 orange booths and branches, which are located across the country in both rural and peri-urban areas.
The money transfer service is operational for six days a week and offers cash in US dollars. Customers will not have to endure long queues, and can collect their cash quickly and safely.
“WorldRemit is 25% more affordable than the traditional players and banks. Our extensive cash collection network, flexible cash collection hours and lower fees, offer value for money to our customers. This proves us to be the most affordable means of sending money to Zimbabwe.” says Mujakachi.