HomeSend — a joint venture between MasterCard, eServGlobal and BICs — has teamed up with telco Dialog Axiata to make international remittance services available to consumers in Sri Lanka.
The partnership will enable consumers with eZ Cash mobile wallets to receive money from anywhere in the world via the 16,000 eZ Cash terminals across Sri Lanka. Approved by the Central Bank of Sri Lanka, eZ Cash enables consumers to carry out financial transactions from their mobile phones even if they do not have a bank account. Although eZ Cash is a Dialog Axiata offering, it is also offered to customers of two other telcos — Etisalat and Hutch.
Using the HomeSend remittance hub, WorldRemit, mHits, Azimo, PostFinance and Lycaremit will be the first partners to launch services to eZ Cash, with other partners scheduled for launch in due course.
"This partnership with HomeSend will enhance the reach and capability of mobile money services in the country to the rest of the world," said Fariq Cader, Vice President, Dialog Axiata Digital Services.
"We are able to provide millions of Sri Lankans a secure and convenient way to receive funds from family abroad straight to their mobile phone," commented Stephen Doyle, CEO of HomeSend.
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