digital wallet Movi It has expanded its coverage worldwide and will now offer international bank transfer services in 49 countries, including Germany, Finland, Spain, Turkey, the United States and the United Kingdom. The above, thanks to the alliance made with Paysend, the international payment platform, which will benefit nearly two million Colombians.
The alliance between the companies will allow customers in the US and Europe to send money through Movii. In addition, it will help Colombians, whether they are bankers or unbanked, to carry out their financial transactions from their mobile phones and in real time.
Global remittances play an important role in the economic development of Latin America. Cross-border remittances not only increase investment and growth opportunities within the region, but also help reduce poverty. said Jairo Riveros, director of strategy and general manager, US and Latin America at Paysend.
In addition, thanks to the alliance, Colombian immigrants in Canada, Australia, France, Mexico and Portugal will be able to send remittances to Colombia.
“In recent years, we have seen how Colombian immigration to different parts of the world has grown, and the sending of family remittances has similarly increased. For this reason, at MOVii we want to make life easier for those who receive resources from their friends and relatives, in partnership with Paysend, where users can access their apps Or their websites and send remittances to Colombia by debiting their debit or credit card at very low costs. We are glad to know that together we will change the lives of millions of Colombians,” noted Hernando Rubio, CEO of Movii.
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