Thursday, November 26, 2020

WORLDREMIT AND DIGICEL INTERNATIONAL PARTNER TO ENABLE MOBILE WALLET TRANSFERS IN PACIFIC ISLANDS

Customers can send to mobile wallet accounts in Fiji, Samoa and Tonga 


SYDNEY, Nov 25 (Bernama-BUSINESS WIRE)  -- WorldRemit, a leading global digital payments provider and Digicel International, have partnered to enable international money transfers to mobile wallets for customers in Fiji, Samoa, and Tonga.

Globally, customers can now make international transfers via digicelinternational.com to Digicel MyCash mobile wallet accounts in Fiji, Samoa and Tonga. Money is received by the recipient securely into their mobile wallet within minutes, and is ready to spend on what they need by making purchases or transferring money straight from their MyCash wallet.

Digicel International is a digital one-stop-shop providing a suite of services, which enable transactions for people to support their loved ones, bringing them together from all corners of the world shortening the distance between them. This new website and app enables Top Up, Send Money, Bill Pay, and other transactions under one single platform. When customers visit digicelinternational.com, they will be able to send money directly to MyCash wallets, an important feature of the digital ecosystem in the Pacific Islands.

Scott Eddington, WorldRemit’s Managing Director for Asia Pacific, said: “We are proud of our history of helping customers send money back home to friends and family in the Pacific Islands, and this new partnership with Digicel will strengthen our offering and give even more choice to consumers. It couldn’t come at a better time – travel restrictions continue to impact on tourism and the movement of seasonal workers, and COVID-19 has created a step-change shift in consumer behaviour towards digital options such as mobile wallets.”

“Longer term, partnerships like this help us to reduce the costs of remittances to the Pacific, putting more money in the pockets of loved ones back home. It also helps to support our financial inclusion goals, ensuring funds can flow to recipients even where they do not have a traditional banking relationship,” Mr. Eddington said.

Pacific Island countries rely heavily on remittances for basic living expenses, with remittances to Tonga representing around 40 percent of the country’s GDP – the highest proportion in the world according to the World Bank.

According to the International Organization of Migration (IOM)*, there has been a significant shift to digital remittances in the Pacific Islands as lockdown measures in both sending and receiving countries have made it more difficult to send and receive cash remittances. 

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