As an increasing number of Kenyans are using mobile wallets to send and receive remittances, an increasing number of remittance companies are integrating mobile money payments into their operations. WorldRemit, a London-based online money transfer company, said that 90% of its 50,000 the last 18 months transfers terminate at money mobile account including M-Pesa and Airtel Money. According to the firm, mobile money will soon become the most popular method for receiving remittances globally.
As an increasing number of Kenyans are using mobile wallets to send and receive remittances, an increasing number of remittance companies are integrating mobile money payments into their operations. WorldRemit, a London-based online money transfer company, said that 90% of its 50,000 monthly transfers terminate at money mobile account including M-Pesa and Airtel Money. According to the firm, mobile money will soon become the most popular method for receiving remittances globally.