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Receive Money Directly To Your Mobile From Australia With Vodafone M-PAiSA

Receive Money Directly To Your Mobile From Australia With Vodafone M-PAiSA
Vodafone staff member, Eseta Navunisaravi with M-PAiSA customer Latileta Robanakadavu. Mrs Robanakadavu ithdrew cash her daughter had sent from Australia via the M-PAiSA service. Photo: SUPPLIED.
May 20
11:00 2017

 

Vodafone Fiji has teamed up with TransferTo, a leading B2B Cross-Border Payments Network, to provide international digital money transfer services into Fiji from Australia.

A statement from Vodafone states this partnership allows Vodafone M-PAiSA users in Fiji to receive money sent by family and friends living in Australia directly to their mobile phones.

Thousands of former Fiji residents, migrant workers and professional athletes living in Australia, who regularly send money home to their families in Fiji, will now be able to experience this revolutionary service which will benefit thousands of families in Fiji, the statement read.

Head of Vodafone E-Commerce and Corporate Affairs, Shailendra Prasad said: “Each year over $500 million is received in inward remittances by Fijians. Our partnership with TransferTo provides a very affordable, fast and extremely secure network to facilitate sending money to Fiji.

“As a brand, customers have always been our priority and it has always been our endeavor to launch services for their benefit. We are certain that beneficiaries will use this convenient service to their advantage – they can receive money any time from the comfort of their homes.

“We are happy to be partnering with a reputable and trusted payments network provider like TransferTo that reckons with our belief of customer convenience and satisfaction.

“We guarantee that any money sent via TransferTo to M-PAiSA users in Fiji will be received within minutes of it being processed.”

A text message will also be sent to the recipient confirming the receipt of the money in their M-PAiSA account, the statement read.

It said the service was being launched in Australia and was expected to shortly expand into New Zealand, followed by the USA and Canada. Those receiving money via this medium do not need a bank account to use this service.

The money sent from overseas is received in Fijian dollars directly into their M-PAiSA account on the mobile phone.

The recipient is then able use the money received for payment services available through M-PAiSA such as water and electricity bill, purchase of prepaid power, payment of banks loans, top up their mobile phones or walk into any conveniently located M-PAiSA outlet around the country to cash out.

“For many families, money sent by relatives from abroad is an important source of supplementary income to meet their daily needs. This international money transfer service, powered by TransferTo, is a lifeline for many families.  We are therefore pleased that we can provide this convenient, cost effective and instant money transfer service 24 hours a day and 7 days of the week It does not get any better than this,” Mr Prasad said.

Eric Barbier, chief executive officer of TransferTo, said: “We’re delighted to be partnering with Vodafone M-PAiSA to provide their customers with a network to facilitate cross-border digital money transfer services to Fiji. We look forward to working together to grow the partnership and expand our offering into new markets. We’re committed to making sending money across borders accessible and cost effective for all.

The statement added the service had been approved by the Reserve Bank of Fiji after being satisfied of the transaction security, reliability and compliance requirements for a cross border transaction.

Latileta Robanakadavu of Sigatoka who receives money regularly from her daughter in Australia, said: “I was informed of this new service at the Vodafone outlet today. I informed my daughter to try this new service. I was surprised when I received $200 in my M-PAiSA account within minutes of me telling my daughter about this new service.

“Whilst I thankful to my daughter, I applaud Vodafone for this very convenient international money transfer service. I am already using M-PAiSA to pay my bills and top up my phone. This new international money transfer service definitely makes my life easier.”

The introduction of this new service is a natural progression in the suite of value added services that M-PAiSA is able to provide to the Fijian customers. Vodafone Fiji have a network of reputable sending partners and an equally good network of local agents who are able to service the clients at both ends. They are confident this new service will be well received by the senders and receivers alike.

M-PAiSA was launched by Prime Minister Bainimarama in 2010 and it is now the most widely used mobile money payments service in Fiji. Recently, the government the M-PAiSA platform to distribute over $130m in housing grants to those affected by Tropical Cyclone Winston.

 

About TransferTo

TransferTo operates a B2B Cross-Border Mobile Payments Network for emerging markets, processing real-time transactions  for leading money transfer operators, mobile operators, digital wallet providers, banks, NGO’s and merchants. Leading companies, including Vodafone’s M-Pesa, Orange Money, Western Union, Xoom, UNICEF and PayPal rely on TransferTo’s mobile payment solutions to perform digital payments.

Through a network which spans across more than 130 countries, TransferTo provides its partners with a global compliance framework for all relevant regulatory requirements.

TransferTo was founded in 2005.

The company is headquartered in Singapore, with regional offices in Miami, London and Dubai, and local offices across Mumbai, Jakarta, San Salvador, Nairobi and Barcelona.

Feedback:  ivamere.nataro@fijisun.com.fj

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