A new mobile remittance service launched in Uganda, Tanzania and Senegal
Rapid Communications, a remittance to mobile phone service, is now available in Uganda, Tanzania and Senegal.Rapid Communications, a remittance to mobile phone service, is now available in Uganda, Tanzania and Senegal.
Thanks to the service, Kenyans, Ugandans, Senegalese people
and Tanzanians can now receive money from their acquaintances living in the United Kingdom and the United Arab Emirates directly on their mobile.
All their acquaintance needs to do is turn up at an agent of Rapid Communications or one of its partners with their full legal name, phone number and country of residence of the person they want to transfer money to.
In partnership with Aftab Currency Exchange in the UK and Al Ghurair Exchange in the UAE, Rapid Communications decided to launch the remittance service in three additional countries because the experiment has been extremely successful in Kenya from the moment it launched last year.
Anwar Hussein, CEO of Rapid Communications, explained to CIO East Africa that his company “noted an increase in the volume of cash remitted by Africans working and living abroad”.
He added that Rapid Communications wanted to “cash-in on this growing segment of the market” as much as possible. To this end, the remittance service could soon be available in additional African countries.