EXPERTS ZAMBIA Revolut opens payment corridors between Europe and Africa 5 months ago Samuel Post Views: 193 Revolut customers in the UK and most European countries (EEA) can now use Mobile Wallets to send money to 4 different wallets (M-Pesa, Airtel, Orange Money, MTN) used across 10 countries in Africa, and more wallet routes will be added in the coming months. Revolut seems to be betting on strong economic ties between Europe and Africa as it announced the extension of its international transfers feature Mobile Wallets with 14 new payment corridors, 9 new countries, and 3 digital wallets: Airtel, Orange Money, and MTN. Customers in the UK and most European countries (EEA) will now be able to send money quickly and easily to African countries: with Orange Money to Botswana, Guinea-Bissau, Côte D’Ivoire, Madagascar and Sierra Leone, with Airtel Money to Congo, Gabon, Madagascar, Malawi and Zambia and with MTN to Guinea-Bissau, Côte D’Ivoire, Congo and Zambia. “Sending money home to Africa is a challenge many expats face” Samuel Fairburn, Product Owner for Remittances at Revolut, said: “We’re delighted to launch Mobile Wallets so that Revolut customers can send money in a flash. Sending money home to Africa is a challenge many expats face and so it is essential to provide a service that simplifies this and facilitates affordable and convenient international money transfers.” “By continuously adapting to the evolving needs of the digital economy, we hope to continue to empower individuals and families around the world to navigate the complexities of cross-border finance with ease.” Revolut users can send money abroad quickly using only recipient IDs such as their name alongside their phone number or email addresses. This method prevents money from being sent to the wrong account details or money being stuck with banks. M-Pesa, Airtel, Orange Money, MTN With this news, Revolut customers in the UK and most European countries (EEA) can use Mobile Wallets to send money to 4 different wallets (M-Pesa, Airtel, Orange Money, MTN) used across 10 countries in Africa, and more wallet routes will be added in the coming months. African countries heavily rely on Mobile Wallets for various transactions, making Revolut’s entry into these big markets timely and impactful. Customers can now seamlessly send money to Orange Money, Airtel, and MTN directly from their Revolut app. Revolut is thus becoming a handy mobile payment option for African expats and international students living abroad, who can now send money abroad quickly and with a similar price structure as Revolut bank transfers. Source: financefeeds.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: mobile money, Revolut, transfer, Zambia Continue Reading Previous The real issues around shortage of cash at ATM machinesNext Sports Betting, Casinos: To Ban or Not to Ban? More Stories EXPERTS NIGERIA Which Operators Secure Nigerian Sports Betting Licences 3 days ago Samuel EXPERTS SOUTH AFRICA SA Gaming Marks 15 Years with Premium Live Game Offerings at SiGMA Europe 2024 3 days ago Iwo Bulski CAMEROON EXPERTS Online Gambling in Cameroon: Trends, Platforms and Security 4 days ago Samuel EXPERTS SOUTH AFRICA Charting South Africa’s exponential growth: the insider view 5 days ago Szarlot EXPERTS WORLD NEWS NOVOMATIC builds the Group’s largest photovoltaic system in Lower Austria 6 days ago Iwo Bulski EXPERTS HOT NEWS WORLD NEWS 10 Surprising Facts About Gambling Around the World 6 days ago Iwo Bulski EXPERTS HOT NEWS UGANDA What algorithms tell us about our borrowing habits 7 days ago Samuel EXPERTS WORLD NEWS The Pandemic Next Time: Sports Betting 7 days ago Szarlot EXPERTS NIGERIA Lagos Tackles Illegal Gambling, Signs Landmark MoU with UK 7 days ago Szarlot EXPERTS NIGERIA Can Nigeria lead Africa’s AI revolution? Dubai thinks so, and is betting big 1 week ago Samuel EXPERTS SOUTH AFRICA Xenophobic social media account that directs traffic to gambling platform raises questions about advertising 1 week ago Szarlot BETTING ZAMBIA 1xBet arranged a bright celebration with entertainment and prizes for Oktoberfest 2024 visitors! 1 week ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.