Ileero Pay, a renowned fintech business offering innovative financial solutions for individuals and businesses, has revealed the launch of a new feature on their Ileero Remit app that makes it possible for Nigerians to send money to the United Kingdom as well as other countries that are currently supported by the service.
When attempting to send money to other countries, Nigerian students, business owners, and travellers frequently run into difficulties that can be alleviated with the help of a newly introduced service.
Ileero Remit is the company’s flagship product, and it makes it possible for individuals and businesses in the United Kingdom to send and receive money with ease to destinations such as Nigeria, India, China, South Africa, Pakistan, Ghana, and Tanzania, amongst others. Since it first opened its doors in August of 2021, the business has handled more than £20 million worth of transactions for consumers located in the UK.
The new feature of Ileero Remit is an expansion of the company’s remittance service. This service enables Nigerians living in Nigeria to send money to their friends and family, and business partners located in other regions of the world.
Read also: Sycamore, Nigerian fintech simplify loans, investments
How Ileero Remit has made Transaction better
Because of this brand-new functionality, users in Nigeria may now effortlessly transfer funds from their Ileero Naira account to any bank account in the United Kingdom at NO EXTRA COST. These funds can be used to pay for expenses such as tuition, housing, and other living expenses. They are also able to take advantage of the most favourable market exchange rates for any and all countries that we assist. In China, India, and other countries, it is simple for business owners to make payments for their items.
Transferring money to other countries may be a challenging endeavour for anybody, but it is especially difficult for Nigerians since they frequently have to deal with expensive fees, protracted processing delays, and other complex procedures.
Those who need to send money on a regular basis often find that the exorbitant costs that traditional banks and money transfer providers demand for international money transfers can be a substantial hardship. When sending money internationally, the exchange rate is a vital component that determines how much money the recipient will receive.
If the rate is unfavourable, this can be a challenge because it can make money go further. Some organisations that transfer money offer exchange rates that are unfavourable, which can result in the recipient getting less money than they had anticipated.
Additionally, certain providers for transferring money may have lengthy processing delays, which can be annoying for Nigerians, especially students, company owners, and travellers who need to send money quickly. This is especially true for those situations in which money is needed quickly.
Last but not least, because there is always the possibility of fraud and security breaches, several nations have implemented stringent restrictions with regard to remittances. Swindlers can steal personal information and money from their victims by creating phoney websites or sending them emails containing phishing links.
We have developed a comprehensive solution after giving all of these challenges, factors, and other considerations careful thought. This solution addresses every concern, and it is guaranteed to operate without a single glitch. The new functionality that we have introduced has been subjected to stringent testing to verify that it is appropriate for all users and operates effectively for them. Every Nigerian has the assurance that they will receive rapid transfers, outstanding exchange rates, seamless operation, safety, and dependability from this business. It is with great pleasure that we provide it to you.
Users merely need to download the Ileero remit app (which is accessible on the Apple App Store and the Google Play store) and sign up, supply the essential details of the receiver, and then initiate the transfer. The new function is very user-friendly and only requires three simple steps to utilise. Clients are also able to watch the progress of their transactions in real time, which gives them the piece of mind that their money is being sent in the right direction.
The CEO of Ileero Pay shares more
Ileero Pay’s Chief Executive Officer, Peter Fajemisin, has big plans for the future of the company. He sees it as a rapidly expanding global leader in financial services that is dedicated to eliminating obstacles based on location and money.
“We are determined to become a global leader in the field of financial services and breaking down boundaries in terms of location and wealth in the business. In order to accomplish this goal, we intend to grow into new markets and transfer corridors, thereby offering clients with a variety of options, as well as convenience and choice. We are still fully committed to achieving our aim of delivering monetary independence while catering to the increasingly varied requirements of our clientele.”
“We plan to broaden the scope of our digital infrastructure and accommodate forthcoming structural shifts in both society and the economy by making use of Ileero’s pooled skills and collective advantages. When you use Ileero’s services, we want you to have a hassle-free, productive, and satisfying experience, and along the way, we hope to earn your confidence and loyalty. Our goal is to give you with all of these things.”
Sending money from Nigeria to the United Kingdom, China, and other countries is now possible thanks to the introduction of a brand new service. This function also allows Nigerians living in the United Kingdom to transfer money from their accounts in Nigeria to their accounts in the United Kingdom or to accounts in any other country.
Ileero has plans to roll out the service in additional nations in the not-too-distant future. This will make it even simpler for people in Nigeria to send money to loved ones located in other countries.
Join the ranks of our already satisfied customers to take advantage of this brand new functionality and receive incredible savings on all of your purchases.
You also have the opportunity to earn money when you convince your loved ones and acquaintances to use the Ileero remit app.
Click here to download the app now.