Money transfer has existed for an extended period. The early forms of money transfer included a messenger who carried the bulk of delivery parcels and envelopes to the intended destination. The downside to this form is that the process takes time and therefore wasn't suitable for an emergency. The other drawback was that it wasn't suitable for an international or intercontinental transfer. Then came the telegraph around 150 years ago. The western union was the first to complete the trans-continental money transfer. They were transferring, therefore required a lot of money and time. The process included the person going to the bank or the telegraph company and gave them the money. The clerk then sends a note to the recipient informing him to pay a specific amount, then the bank or the telegraph would send the money to the specific agency. The wire transfer has improved the money transfer since electronic technology is the primary driver. It is a faster, safe and simple to use technology. The money is also received instantly. Over the years, technology has even significantly evolved. The adoption of mobile transfer has, in a big was revolutionized the banking industry.
WorldRemit is an online money transfer company. The company was started in 2010 by Ismail Ahmed, a student in London. This idea came due to the slow process of sending money to his parents in East Africa. Ismail had to incur the costs of sending through the agents. Since the process was slow and costly, Ismail decided to create a solution to help him and those who have similar experiences. By assisting their customers in sending and receiving cash quickly, the company has revolutionized access to services such as education, pay bills, and cater for medical expenses. The company supports over 90 different currencies and has over 1000 employees in over 150 countries. The platform's exchange rate has been made affordable for their customers. In more than 80 countries, the transactions can be authorized within minutes.
WorldRemit enables its customers to transact online. Their services are in over 150 countries worldwide. With its aim to enable its customers to send money to their friends and families easily, the company has adopted favorable exchange rates that are convenient. It has both an online website and a mobile application for transactions. Some of the services include cash pickup, bank transfer, mobile money, airtime top-up, etc. It also has affiliate programs for any business interested in its partnership program. Among the countries supported include Nigeria, United Kingdom, Philippines, India, Zimbabwe, Ghana, Colombia, Morocco, Ethiopia, and many others. There are stories and news sections through which the company provides relevant information as well as relevant updates.
Are you a member of WorldRemit? What is your experience in sending money through their platform? How long did it take for your transaction to be approved? What's your opinion on the overall customer journey? Would you recommend someone to WorldRemit? If you have used their products, leave a customer review on reviewsbird.com.