Uganda, Tanzania latest to welcome Diaspora Mobile Money transfer service

Thursday, August 14, 2014

The Diaspora Mobile money transfer service from Rapid Communications’ is now in Uganda, Tanzania and Senegal only a month after it was unveiled in Kenya.

Brought about through a partnership with Aftab Currency Exchange in the United Kingdom and Al Ghurair Exchange in the United Arabs Emirates, the service will enable Africans remit money to Kenya, Uganda, Tanzania and Senegal directly to their loved one’s mobile wallets in the relevant countries.

Senders will visit the agent’s outlets in the UK and UAE and provide the details of the loved ones, their full names as they appear on the National Identification Card or Passport, mobile phone number and the country. The beneficiary’s mobile phone number should be registered with the specified Mobile Telephone Operator of their country for them to be able to withdraw cash.

Source: Tech Moran (link opens in a new window)

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Base of the Pyramid, financial capability, financial inclusion, mobile money