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Ecobank Group, Alipay enter cross-border remittance partnership

Ecobank Group enters cross-border remittance partnership with Alipay to bring more inclusive financial services to users

A cross-border remittance agreement was signed by Ecobank and Alipay aiming to boost Financial Services through a safe, efficient, convenient and affordable way in facilitating money transfer for workers remittance back home. This partnership is believed to help ensure instant transfers from the bank’s flagship remittance solution, Rapidtransfer to the users of Alipay boasting more than 1.2 billion customers globally together with its local e-wallet partners. Thus, this additional channel option has merit in offering more facilities to users, lowering transaction costs and enhancing the quality of available services.

Source: African News