EziPay partners MFS Africa to promote remittances across Africa
By Business AM
Intra-African, cross-border remittances and digital wallet company EziPay, has partnered with MFS Africa, the continent’s leading digital payments gateway, to bring last mile connectivity for remittances and collections to and from mobile money wallets and bank accounts in the continent.
EziPay, which has a presence in 14 African countries, currently has a global user base of over 300 000, including Africans in the diaspora as well as those in the local expat community who utilise its digital wallets for inward and outward remittances. The organisation’s global wallet Mauritius offering is currently live with over 90+ countries payout corridors.
Meanwhile, MFS Africa has enabled more possibilities, more connections and more interoperability for individuals and businesses alike. The organisation’s full-service digital payments network connects over 400 million mobile money wallets, over 200 million bank accounts, and over 120,000 agents in Nigeria.
The partnership comes at a time when mobile money is burgeoning at increasing rates on the continent, with businesses and individuals alike requiring solutions that allow them to transact across regions.
Speaking on the development, Dare Okoudjou, founder and CEO at MFS Africa, 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. Partnering with EziPay, an organisation that is known for providing digital wallets for inward and outward remittance to MSMEs, SMEs and individuals across continents, 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, Okoudjou noted that entrepreneurs will be able to take their businesses to the next level through such partnerships. This, he believes, will ultimately lead to not only a more connected Africa, but also a more connected world.