February 24

PostalPay App Brings Affordable Money Transfer Services to Uganda

Money transfers from Europe to Uganda can now be made quickly, securely and up to four times cheaper, thanks to an app launched by cross-border payments company Inpay and its subsidiary Eurogiro, the global postal network. The PostalPay app is being launched in partnership with PostBank Uganda and Posta Uganda through a project co-financed by the UN’s International Fund for Agricultural Development (IFAD).

The PostalPay app was developed by Inpay and Eurogiro in collaboration with PostBank Uganda and Posta Uganda, and allows people located in the EU to send money home in a cheaper, faster, and safer way from their mobile phones.

Photo courtesy of WorldRemit Comms.

Source: Fintech Finance News (link opens in a new window)

Agriculture, Telecommunications
digital payments, partnerships, remittances