WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app.
The international money transfer service to the Alipay app is now available from over 40 countries.
“Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,”
said Tamer El-Emary, Chief Commercial Officer, WorldRemit.
“The partnership will focus on innovation, customer experience and speed to market.”
In many markets around the world, the vast majority of remittances are still being sent ‘offline’. Money is taken to, and collected from a physical agent, and usually subject to high transfer fees.
With WorldRemit’s mobile-first approach to digitising remittances, the collaboration between Alipay and WorldRemit will help make remittance services more convenient and affordable, especially for migrant workers globally.
The digital service will provide senders and recipients a fast, secure, and convenient way to transfer money whilst reducing the high associated costs.
“We look forward to working with WorldRemit to build a remittance service that is fast, secure, and cost effective,”
said Ma Zhiguo, Alipay’s head of global remittances.
“The unique mobile to mobile payment experience that this partnership delivers allows us to provide a convenient money transfer service to Alipay customers.”
Featured image credit: Alipay
