World Remit to reduce commission to $1 due to Covid19

[SilentE1001]

The move ended deepening mobile money transfer amid the outbreak of Covid-19, will see WorldRemit customers pay a flat fee of 1 dollar in all transactions effective immediately.

The Remittance firm has been charging customers a transaction of 1.99 dollar for customers transacting 100 US dollars and 2.99 dollar for customers transacting 200 US dollars to friends and relatives.

Those sending 1000 US dollars have been parting with 5.99 in transaction fees.

WorldRemit handles about 34 percent remittance to popular mobile money services across Africa such as MTN, mPesa, EcoCash, Tigo Pesa, Zaad EVC and E-Dahab, making it global leader in mobile money international money transfers.

For Somaliland, Somalia and Africa, remittances are source of Forex.

Remittance from overseas diaspora constitutes vital part of the economy of many developing nations.

 

[Ismail Khan]

I sent 210 for Ramadan today and they charged me $13.
I do like their services tho

 

[SilentE1001]

I sent 210 for Ramadan today and they charged me $13.
I do like their services tho

Yes they haven't updated it

Got charged 13£ to send 700

 

[Santiago]

@SirLancelLord damn i thought they charged 3%, its alot cheaper than i thought. Send 1000$ only 5.99 $ thats hella cheap

 

[SilentE1001]

@SirLancelLord damn i thought they charged 3%, its alot cheaper than i thought. Send 1000$ only 5.99 $ thats hella cheap

Sorry they charged me 10.99

Not 13

Let's see when it's being updated onto the app

 

[Ismail Khan]

They charged only $10 to send 700?

how?

 

[Hybrid()]

They charged only $10 to send 700?

how?

The transaction fee varies between countries I think. They used to charge me a 6% fee for all the transactions I made last year. I'm from the US