MTN’s mobile money (MoMo) in South Sudan has teamed with Onafriq, a pan-African payments provider, to offer inbound international remittance services.
According to MTN MoMo, consumers in the East African country can receive money from 15 countries, including the UAE, Uganda, Kenya, the United States, and Australia, and the Onafriq collaboration provides a handy option for users who want to send money home from the diaspora.
This comes as the MTN Group announced its expansion of its international remittances capabilities by launching 25 additional wallet corridors in 10 new countries.
The company said the expansion of international remittance services is meant to promote financial inclusion and empower individuals, including those without traditional bank accounts, to access formal financial services.
Commenting on the partnership, Francis Matseketsa, CEO of fintech, MTN South Sudan, said, “We are not stopping. We are at it again with a strategic partnership with Onafriq, as we provide convenience to customers who want to send money back home from the diaspora.”
Source: Extensia.tech
