PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

WorldRemit Launches Online Money Transfers in Japan

By PaymentsJournal
March 27, 2017
in Press Releases
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Latest News

Latest News

Migrantsin Japan can now send money online to more than 140 countries

London and Tokyo, 27 March 2017: WorldRemit,the leading online money transfer business, has launched in Japan.

Customers in Japan will now be able to send money to familyand friends worldwide, using a mobile phone, tablet or computer – cutting outthe need to travel to agent locations or bank branches during business hours.

Bringing the offlineremittance industry to mobile, WorldRemit’s arrival in Japan underlines itsstatus as a major player in the global FinTech revolution.

Japan is the third largest economy in the world by GDP and has a supportive regulatory environment forfinancial services. The number of foreign workers living in Japan exceeded 1million for the first time in 2016. According to the WorldBank, thesemigrants sent $4 billion in remittances to family and friends abroad in 2015alone.

With WorldRemit, peoplein more than 50 countries can send instant and secure transfers to more than140 destinations. Known as the ‘WhatsApp of money’, WorldRemit makes sendingmoney as easy as sending an instant message.

Ismail Ahmed, CEO at WorldRemit, comments:“Japan and the broaderAsia Pacific region are important parts of our global growth strategy.Remittances are crucial to many people living in this region, and we are verypleased to be able to offer our digital services to customers inJapan. This adds to our current send markets in this region, whichprovides a very solid base for further expansion into neighbouring countries.”

Tsuyoshi Ijichi, Country Director for Japan, comments:“Japan represents a key market for WorldRemit. We are here to serve the manymigrant communities in Japan who send money, offering them more choice and asafer, faster and lower cost service than legacy competitors”.

WorldRemit customers currently send over 580,000 transfersevery month.

ABOUT WORLDREMIT

WorldRemit is changing the way people sendmoney.

It’s easy – just open the app or visit thewebsite – no more agents.

  • Transfers to most countries are instant – send money like an instant message.
  • More ways to receive (Mobile Money, bank transfer, cash pickup).
  • Available in over 50 countries and 140+ destinations.
  • Backed by Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.

WorldRemit’s global headquarters are in London,UK with regional offices in the United States, Canada, South Africa, Singapore,the Philippines, Japan, Australia and New Zealand.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Authorization Rates

    Boosting Revenue for Merchants by Optimizing Authorization Rates

    May 12, 2025
    Why Payment Orchestration is the key to international merchant growth

    Ensuring Payment Decisions Pay for Themselves

    May 9, 2025
    cross-border

    As Businesses Reevaluate Cross-Border Relationships, Financial Institutions Can Help

    May 8, 2025
    Nacha WEB Debit Account Validation Rule Verification Solution, Quovo ACH Payment

    The Brave New Future of the Disappearing Account

    May 7, 2025
    solana financial

    After an Upgrade, Solana is Primed to Be the Blockchain of Choice for Financial Institutions

    May 6, 2025
    PAR values

    The Connecting Thread: How PAR Values Can Mitigate Fraud and Supercharge Loyalty Programs

    May 5, 2025
    mobile banking

    How Mobile Banking Apps Can Be the Center of Customers’ Money Movement Activities

    May 2, 2025
    uk visa mastercard

    The Warning Signs Looming Over Credit Card Lending

    May 1, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result