JazzCash has announced a partnership with Tranglo, a global cross-border digital remittance hub. Following the collaboration, residents of the United Kingdom can send remittances for cash collection or deposit directly to JazzCash mobile accounts.
Through the partnership, Tranglo’s global network of money service / remittance providers can now offer international money transfer service to JazzCash users. LycaRemit becomes the launch partner to enable mobile / electronic remittances from the UK to JazzCash mobile accounts and cash collection centers as well. This move ensures that the country’s unbanked segment will have an access to a bank account through their mobiles.
Speaking about the partnership, Aniqa Afzal Sandhu, VP – Digital and Mobile Financial Services, Mobilink, stated
“We are excited to embark on the next phase of our journey to digitalize our customers’ financial needs in a convenient and reliable manner by joining hands with Tranglo. This collaboration will allow people living in the UK to directly transfer remittances to their loved ones, who may be unable to access a bank in their area. Through such partnerships, we look forward to further empowering our rapidly increasing Mobile Account customers with access to retail and online payments.”
By utilizing this initiative, customers receiving international remittances in JazzCash Mobile Accounts can cash-out at more than 65,000 retailers and 10,000 automated teller machines (ATMs) across the country.
The partnership also enables Malaysia-based Max Money, Unique Change and Incentive Remit to transfer money transfer to JazzCash mobile accounts. Going forward, Tranglo will enable more partners in the United Kingdom, Malaysia and make the JazzCash service available in Singapore, Spain and the Gulf countries in 2017.