SimbaPay launches free UK to Nigeria money transfers
SimbaPay, a leading digital money transfer provider – has announced the launch of its money transfer service to Nigeria. Using the SimbaPay app or website, Nigerians living in the UK can send money to any bank account or mobile phone in Nigeria instantly. SimbaPay charges zero fees for money transfers to Nigeria.
“We’re excited by the launch into Africa’s largest economy” said Nyasinga Onyancha, CEO for SimbaPay. “It’s awesome to be eliminitating high money transfer fees for Nigerians in the UK who are sending money to their loved ones”
Nigerians living in the UK with a bank account, debit card or credit card will be able to use the SimbaPay app from any mobile phone, tablet or computer. Transfers made using SimbaPay are credited within seconds to recipients’ bank accounts or mobile money wallets eliminating the inconvenience of queues and old school paperwork. The service will gradually be rolled out to Nigerians living in other EU countries.
SimbaPay provides daily locked-in exchange rates for the Nigeria Naira (NGN). The SimbaPay app can be downloaded for free from the Apple or Android app stores.
Source: Mobile Money Africa 28 may 2015