All News and Announcements
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
Through Mastercard Cross-Border Services, Equity Bank customers will be able to send funds through any Equity Branch Location in Kenya.
Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.
Kenya: Remittances to Kenya Resist COVID-19
The increase in remittances comes despite the impact of the pandemic on wages and employment across the world.
Central Bank of Kenya Releases New Data on the Importance of Remittances
Remittances in March 2021 amounted to $290.8 million, compared to $228.8 million in March 2020, an increase of 27.1 percent.
Small World Launches USD Payout Service in Nigeria
This initiative follows the Central Bank of Nigeria (CBN) directive to enable global money transfers to be paid in US Dollars in an effort to streamline and increase the flow of formal diaspora remittances into Nigeria.
Digitalizing the Route of Remittances Will Help Africa’s Recovery
Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light.
Visa and TerraPay Partner to Drive Domestic Remittances
TerraPay and Visa have today announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments in Kenya and global remittances to Kenya.