WorldRemit enters mobile money transfer market in Armenia

Online money transfer service WorldRemit today expanded its service to Armenia by providing remittances to MobiDram, the mobile wallet offered by VivaCell.

“WorldRemit is a quick, convenient, and low-cost way for people to send money to friends and family abroad”, the press release disseminated by WorldRemit reads this.
 
With the WorldRemit app, people in 52 countries can now send money to Armenia, anytime, anywhere. Money is sent instantly to MobiDram mobile wallets – just like an instant message.

The services are available on the website as well as in the app. It is available on AppStore and Google Play.

“WorldRemit is revolutionizing money transfers.  We know how Mobile Money will be the first and only means of financial services for hundreds of millions of people – we are therefore delighted to bring mobile-to-mobile remittances for the very first time to Armenia.
Armenians in the Diaspora will no longer have to pay extortionate fees to send or receive cash at inconvenient agent locations – they can now send money home just like an instant message”, Alix Murphy, Senior Mobile Analyst, noted.


Alix Murphy

The company is headquartered in London. The regional offices are operating in the U.S., Canada, Australia and New Zealand.