Money Transfer: World Remit partners with Express Union Finance SA Cameroon
World Remit, a world leader in money transfer, is partnering with Express Union Finance SA Cameroon to offer deposits on Cameroonian Mobile Money accounts from abroad.
Using the WorldRemit application or website, the Cameroonian diaspora living in more than 50 countries can now send money instantly to their loved ones and at a lower cost, at any time of the day or the night. Recipients can have their mobile wallet to receive, keep or spend the money as they see fit.
In Cameroon, in 5 years, access to Mobile Money has increased from 8% to 29% of the adult population with a volume of transactions that increased from 7.5 billion to 3 447 billion CFA francs between 2012 and 2017, according to an IMF report.