Cross-border remittances and digital wallet company EziPay has joined forces with MFS Africa to enhance last-mile connectivity for remittances and collections to and from mobile money wallets and bank accounts across Africa. The partnership comes at a time when mobile money is growing at an increasing rate on the continent, with businesses and individuals needing solutions that allow them to transact across regions.
EziPay, which currently operates in 14 African countries, has a global user base of over 300,000, including Africans in the diaspora as well as those in the local expat community who use EziPay’s digital wallets for inward and outward remittances. The company’s global wallet Mauritius offering is currently live, with over 90+ countries payout corridors.
Dare Okoudjou, Founder and CEO at MFS Africa, said the company had always aimed 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 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 MFS Africa aims to achieve through its acquisitions and partnerships.
Amit Gaur, Co-Founder and CEO at EziPay, said the collaboration would enable remittances for goods, services, school fees, medical transfers, business transfers, family maintenance allowances, and P2P transfers across continents, from Asia, Europe, the UK and the USA to Africa. Gaur added that with the MFS Africa partnership, their customers would have instant remittances to bank accounts and wallets across Africa for the organisation’s growing customer base.
MFS Africa’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, providing more possibilities, more connections, and more interoperability for individuals and businesses alike. Okoudjou said he hoped that partnerships like this would help entrepreneurs take their businesses to the next level, leading to not only a more connected Africa, but also a more connected world.
