Middle East & Africa Trending

EziPay and MFS Africa Partner to Support Remittances and Transactions

Intra-African, cross-border remittances and digital wallet company EziPay has partnered with digital payments gateway MFS Africa, to assist with remittances and collections to and from mobile money wallets and bank accounts in Africa.

The new partnership between EziPay and MFS Africa aims to offer solutions to support transactions, as mobile money rates quickly increase across the continent.

MFS Africa’s digital payments network currently connects over 400 million mobile money wallets, over 200 million bank accounts, as well as over 120,000 agents in Nigeria.

Amit Gaur
Amit Gaur, co-founder and CEO at EziPay

Amit Gaur, co-founder and CEO at EziPay, commented on the news. He said: “With EziPay and MFS Africa joining hands to solve cross-continent remittances to Africa from Asia, Europe, the UK and the USA, remittances for goods, services, school fees, medical transfers, business transfers, family maintenance allowances, and P2P transfers will be enabled.

“I firmly believe that with the MFS Africa partnership, our customers will have instant remittances to bank accounts and wallets across Africa for our ever-growing customer base.”

EziPay also serves 14 African countries, with a global user base of over 300 000. Its user base includes the African diaspora that uses its digital wallets for inward and outward remittances.

The organisation’s global wallet Mauritius offering is currently live – boasting over 90 countries with payout corridors.

Creating ‘a more connected Africa’
Dare Okoudjou, founder and CEO at MFS Africa
Dare Okoudjou, founder and CEO at MFS Africa

Dare Okoudjou, founder and CEO at MFS Africa, also discussed the partnership. He said: “At MFS Africa, it has always been important to us to help businesses of all sizes scale by building a network hub and partner ecosystem that shares these same values.

“EziPay is known for providing digital wallets for inward and outward remittance to MSMEs, SMEs and individuals across continents. The partnership with them made complete sense to further enable the interoperability we aim to achieve through our acquisitions and partnerships.

“As Africa’s mobile money landscape continues to evolve, we hope that entrepreneurs will also be able to take their businesses to the next level through partnerships like these. Ultimately, we hope that it will lead to not only a more connected Africa, but also a more connected world.”


Related posts

Will Blockchain Tokenised Securities Make IPOs Obsolete?

Manisha Patel

ForgeRock Takes an AI-Powered Approach To Fighting Fraud With Personalised Logins

Tyler Pathe

Paytech MoneyHash Launch in MEA Following Six Figure Pre-Seed Round

Francis Bignell