The new payment method is available to WorldRemit customers sending money from 35 countries. It complements existing receive options for Tanzania including bank transfer, cash pickup and mobile airtime top-up.
WorldRemit is an online service that allows people to send money around the world quickly and at low cost, using a computer, smartphone or tablet.
Ismail Ahmed, World Remit’s Chief Executive Officer said: “I am delighted that WorldRemit is now able to offer Tigo Pesa as a way of receiving money in Tanzania. Today people use their money in lots of different ways and financial services need to respond to that.
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“At WorldRemit we aim to give people as many money transfer options as possible, from bank accounts and cash pickup to mobile wallets and airtime top-up. This is the sort of choice and flexibility that people demand in a modern, connected world.”
Migrants from Tanzania sent US$75m back home in 2013, according to the World Bank. The same research found that remittance payments to Tanzania from overseas have more than doubled since 2008.