WorldRemit, one of the top digital money transfer company, launches a free of charge remittance transfer service for Ethiopian diaspora in the United States. “The free service program aims to expand WordRemit’s brand awareness campaign among the Ethiopian community in the United States, as well ashelp Ethiopia increase remittance income coming through the legal channel,” said Elifagid Aregahegne, WorldRemit head of business development & operations. The target of WorldRemit after entering the market in 2010 is to change this scenario by introducing digital money transfer. Top remittance sending countries to Ethiopia via WorldRemit include Australia, United States, Canada and United Kingdom. Including the last two deals with Cooperative Bank of Oromia and Abay Bank, WorldRemit is currently working directly with eight banks in Ethiopia.

Source: News Business Ethiopia October 03, 2018 16:07 UTC