Thunes, MoMo PSB to enable instant international money transfers to Nigeria

Thunes and MoMo PSB, the fintech level of Nigeria’s mobile web relation MTN, person formed a concern enabling instant planetary remittances to Nigerian users.

The concern allows MoMo customers to person funds from large markets specified arsenic Australia, the UK, the US, Canada, France, Saudi Arabia, South Africa, and Israel.

Through this alliance, MoMo users successful Nigeria tin instantly entree planetary funds and utilise them for mundane transactions, including purchasing airtime, paying bills, sending wealth to friends and family, and engaging successful integer commerce.

MoMo PSB operates arsenic a fintech level and is simply a Thunes Direct Global Network member.

The level is said to connection a wide scope of integer fiscal services, including e-commerce, payments, insurance, and remittances.

MoMo PSB aims to supply Nigerians with integer fiscal solutions accessible astatine immoderate clip and from immoderate location.

Thunes said that its Direct Global Network allows members to nonstop and person wealth successful existent clip crossed borders by linking with neobanks, section wallets, and fiscal institutions.

Thunes main web serviceman Aik Boon Tan said: “This confederation makes it imaginable for Nigerians to person wealth from overseas instantly, securely, and conveniently. It’s astir allowing much radical to entree the planetary system by giving them the powerfulness to negociate their finances without friction.

“For our members, by enabling them to nonstop payments into Nigeria, we are opening up entree to a immense and increasing marketplace with greater easiness done seamless cross-border payments.”

By linking with MoMo PSB’s wallet ecosystem, the concern is expected to amended fiscal inclusion and bolster the travel of planetary wealth into the expanding integer system of Nigeria.

MoMo PSB CEO Phrase Lubega said: “Joining the Thunes Direct Global Network allows america to present connected our committedness to fiscal inclusion by bringing planetary remittances straight to our users’ fingertips.

“Millions of Nigerians tin present person funds from friends, family, and nonrecreational networks overseas instantly and securely. Thanks to Thunes’ agile and robust cross-border payments Network, MoMo PSB tin supply a cost-effective, transparent, and reliable mode for users to entree planetary fiscal flows, helping them enactment much afloat successful the integer system and strengthening fiscal inclusion crossed the country.”

"Thunes, MoMo PSB to alteration instant planetary wealth transfers to Nigeria" was primitively created and published by Electronic Payments International, a GlobalData owned brand.