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With the WorldRemit app or website, people in more than 50 countries can send instant, secure money transfers to more than 125 destinations, the release said.

Digital money transfer service WorldRemit has launched new cash pick up services in Algeria.

Cash pickups, WorldRemit Wallet transfers and airtime top-ups are typically available instantly after sending, while mobile money and bank deposits may take one or more business days to process.

WorldRemit transfers can be sent from over 50 countries and received in over 150 countries.

WorldRemit uses many methods to protect your transaction and is authorized and regulated by many government agencies.

WorldRemit and Xpress Money announce global money transfer partnership

Digital money transfer service WorldRemit has partnered with Chinese smartphone maker Huawei [HWT.UL] to enable the international transfer of money across Huawei’s mobile services in Africa, the companies said on Tuesday.

data from WorldRemit indicates that in 2014, 20.46 per cent of their female customers globally would use mobile money as payout mechanism compared to only 13.99 per cent of men.

First of all, mobile money is significantly cheaper than cash-based remittance services

WorldRemit is an online money transfer service that allows people to transfer money to their families in a secure, fast and affordable way.

Sending money to Somaliland Ismail’s home country was difficult. Most money transfer companies and banks charged exorbitant rates and took longer to complete transfers. Convinced that technology would help cut transaction costs and send money faster, Ismail started WorldRemit. General Payment Options Supported Currencies Support

The National Communications Authority (NCA) has sanctioned Mobile Network Operator (MNO), MTN Ghana for failing to comply with directives which were sent to them following some challenges with their network recently.

Vodafone and MTN’s Ghanaian units are allowed to share subscriber data with the government to help it track down the contacts of coronavirus cases, a high court in Accra ruled Tuesday.

MTN is the dominant player with about 90% of mobile money transactions.

It will take other players a “lot of marketing and effort or very innovative strategies” to compete with MTN,

Mobile operators MTN, AirtelTigo and Vodafone currently lead the industry.

Founded in 1994, the MTN Group is a pan-African mobile and telecommunications operator.

MTN is headquartered in Johannesburg, South Africa, and listed on the JSE Securities Exchange under share code MTN.

MTN Group MTNJ.J, South Africa's largest mobile operator by subscribers, said on Friday it expects 2020 earnings to nearly double, mainly on gains from the sale of Uganda and Ghana tower joint ventures.

The divestment strategy is part of MTN’s “asset realisation programme”, initiated in March 2019 to “reduce debt, simplify our portfolio, reduce risk and improve returns”.

A statement issued by MTN read: “This takes the total proceeds received for the disposal of both ATC Uganda and ATC Ghana to R8.9 billion, which will be applied to paying down US-dollar debt and general corporate purposes.”

MTN embarks on a journey to lead and deliver to its customers a bold new digital world, by transforming itself from being a traditional Communications Service Provider to a Digital Services Provider.

MTN Ghana holds the largest market share. As of April 2017 it had a 56.1% share of mobile data services and 46.9% of voice. It also held 59.7% of broadband wireless access through its 4G services.

The firm saw revenue growth of 19.8% in 2016 on the back of its strong performance in the data segment. According to the company’s financial results, data revenue increased by 66% and accounted for 42% of total revenue in 2016 on the back of the launch of a 4G network.

The Ghanaian unit of African telecommunication giant MTN Group Ltd. is petitioning the highest court to review a declaration that it is a significant market power. Failure could result in stricter regulation.

MTN Ghana has apologized to its customers who are facing challenges as they try to purchase data bundles.

MTN has experienced some challenges on some of our channels post-implementation of the adjustment of prices and our new data bundles.”

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