Chipper Cash, along with Western Union and Zoona Transactions Zambia Limited, has announced the launch of international money transfers through the Chipper Cash app. This initiative aims to improve money sending and receiving capabilities for individuals in Zambia.
Launch of International Transfers
The co-branded service will enable citizens of Zambia to send and receive money from over 200 countries and territories. Users will be able to make transfers to mobile wallets worldwide or collect cash at thousands of locations. Bank account payouts are expected to be available soon.
Impact on Financial Accessibility in Zambia
The launch of this new service responds to the growing demand for mobile-first financial solutions in a country with a population exceeding 20 million. Beneficiaries will be able to support family members abroad regardless of banking status.
Benefits of the New Service
Users will have the flexibility to choose their preferred method of receiving funds, and the upcoming addition of bank account transfers will further enhance service accessibility. The integration with Western Union also ensures efficient and safe money transfers.
The launch of international money transfers in the Chipper Cash app highlights the importance of financial accessibility for people in Zambia and may play a key role in the country's economic development.
