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Nairagram launches international payment service

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Home Tech News Africa Tech News

Nairagram launches international payment service

Felicia Akindurodoye by Felicia Akindurodoye
October 12, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Fintech, Innovation, Startups, Tech News, Technology
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Nairagram launches international payment service
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Nairagram, which is licensed as an international money transfer operator, has introduced a revolutionary new international payment service that is intended to improve financial connectedness. 

This service addresses FX liquidity challenges in the country by simplifying and improving the process of sending money from Nigeria to other countries. As a result, it fosters financial empowerment for Nigerians and works in collaboration with the Central Bank of Nigeria and in partnership with Sebastian BDC and Keystone Bank.

This brand-new international payment service is a symbol of Nairagram’s constant dedication to innovation. Nairagram’s mission is to enable bonds of kinship, create communities, and accelerate wealth creation by making remittances overseas as simple and convenient as possible. 

It refers to much more than merely a service for the movement of money. It is a symbol of the company’s dedication to the achievements of Africans across the continent, with the goals of eradicating poverty, breaking down barriers, and expanding access to financial services.

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This payment service offers its users the promise of expanded reach, making it possible to send money from Nigeria to Ghana, Senegal, Gambia, Kenya, Cameroon, Ivory Coast, Mozambique, Tanzania, Uganda, Zambia, Zimbabwe, Guinea Conakry, Rwanda, Congo DRC, Burkina Faso, Mali, Benin, Togo, Gabon, and Ethiopia, amongst other countries.

Read also: CBN warns against international money transfer to Russia, Cameroun, others

The guarantee of Nairagram

Customers may rest confident that their financial support will reach their loved ones or business colleagues when they use Nairagram’s bank deposits and mobile wallet services because the company has such a large network.

Nairagram is giving people the ability to make positive impacts on other people’s lives across borders by providing a link that is both direct and dependable between senders and recipients. Therefore, this development, in conjunction with the CBN, represents an important step forward in Nairagram’s objective to provide cutting-edge and hassle-free financial solutions that are adapted to the specific requirements of Nigerians.

The new international payment service that is being offered on the Nigerian market holds the potential to bring about a revolution in the money transfer sector, both on the African continent and beyond. The service will soon be available in Turkey, the United States of America, the United Kingdom, and the United Arab Emirates.

The app Is available for download here.

Kenya’s Safaricom fires 33 staff members over fraud

Nairagram Events 

Remittances from the European Union to 20 different nations in Africa have now been made possible thanks to a collaboration between the international money transfer system Tempo France and the financial services provider Nairagram, which is situated in the United States. The partnership was made early this year.

Following the successful conclusion of the integration project, clients will now be able to use the Tempo application to send money to countries such as Uganda and Mozambique, Zambia and Senegal, Ivory Coast and Guinea, and Cameroon and Burkina Faso.

In addition to Liberia, Zimbabwe, Niger, Mali, and Sierra Leone, the list of countries also includes Togo, Mauritania, Kenya, Tanzania, Gambia, Rwanda, and Benin. Together, these countries cover a large portion of the African continent’s landmass. Cash can be collected by the recipients in any of 17 countries. There are ten different nations where you can make use of the mobile wallet topping-up option. The recipients have the option of depositing funds into their bank accounts in Rwanda.

Tags: Nairagrampayment service
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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