Sunday 15 August 2021

FINTECH GIANT WORLDREMIT LAUNCHES IN MALAYSIA

 


KUALA LUMPUR, Aug 13 (Bernama) -- Money transfer specialist WorldRemit has officially launched its services to send money from Malaysia. 
 
WorldRemit is a British fintech giant with a global footprint and is seen as one of the leading providers of cross-border payments in the world.
 
Starting this week, WorldRemit customers can send money from Malaysia, in addition to 50 other countries including the UK and the USA, to more than 130 destinations worldwide.
 
In most places, WorldRemit customers will be able to choose from multiple methods to send remittances and for their recipients to receive money. These include bank deposits, payments to mobile wallets, cash pick-up and mobile airtime top-up. Customers can send their Malaysian Ringgit to Indian Rupee, Indonesian Rupiah, Philippine Peso, US Dollar, etc.
 
Malaysia country director for WorldRemit Ridzuan Aziz told us, “We’re passionate about making sure that customers can continue to make affordable money transfers to their family and friends from the comfort of their homes. Since 2010, we have disrupted traditional money transfer methods by delivering services that customers can access via smartphones at their convenience.”
 
WorldRemit is providing easier money transfer service for migrants in Malaysia 

Malaysia is home to the East Asia and Pacific region's 4th largest migrant population, with World Bank estimating that migrant workers, including from countries such as the Philippines, India, and Indonesia, account for 15% of the Malaysian workforce.

WorldRemit services will be available to customers in Malaysia from the mobile app on Android Play Store and the Apple App store, as well as the website. The company said its ‘service is expected to see widespread adoption in major urban centres, as well as with the increasing number of migrant workers who are employed in plantations and other rural locations’.

For migrant workers, the company says its services will provide added convenience as they can avoid having to make long journeys to send money transfers from traditional shop-fronts.

Mr Aziz said, “With communities across the world having to change their lifestyles due to the disruption caused by Covid-19, we’re proud to play our part in making sure our customers can continue to support those dearest to them throughout this challenging time.” 

SOURCE: WorldRemit 

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Hari Ayengar

Email: media@worldremit.com
Website: www.worldremit.com  

--BERNAMA

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