Xpress Money
ISIN | 🆔 |
---|---|
Industry | Financial Services |
Founded 📆 | 1999 |
Founder 👔 | |
Headquarters 🏙️ | Dubai, United Arab Emirates |
Area served 🗺️ | |
Products 📟 | Money transfer, Remittance |
Members | |
Number of employees | |
🌐 Website | www |
📇 Address | |
📞 telephone | |
Xpress Money Services Ltd. is an international money transfer company with headquarters in Dubai, and operates through 12 offices across multiple countries.
History[edit]
Xpress Money started operations in 1999 after registering with the Company's House in Cardiff, UK. The company operates in more than 165 countries with a network of about 200,000 agent offices. Xpress Money facilitates cross border remittances through a network of agents and financial institutions.
Services[edit]
Xpress Money offers different modes of international money transfer.
Cash Pickup[edit]
The company offers cash pickup across 200,000 agent locations in around 165 countries.[1]
Bank Transfer[edit]
Xpress Money offers bank transfers in 68 countries including major remittance receiving countries like India, Pakistan, Bangladesh and Sri Lanka.[2]
Mobile Money Transfer[edit]
In association with M-Pesa in Kenya,[3] MTN in Ghana, Globe Telecom in the Philippines, Vodafone M-Paisa in Fiji, Pagatech in Nigeria and Zantel, Tigo Airtel, Vodacom in Tanzania.[4] Xpress Money offers customers the option to send money to mobile wallets in these countries.
Door Delivery[edit]
Xpress Money offers door delivery of cash in Egypt and Vietnam.
XOPOTO[edit]
In 2015, Xpress Money launched XOPOTO, a mobile money transfer app that allows users in UK to transfer money internationally to their social and phone contacts across the world.[5][6]
Philanthropy[edit]
Xpress Money H.O.P.E is the Corporate Social Responsibility arm of Xpress Money and focuses on growth in Education, Financial Inclusion & Literacy and Relief.[7]
In August 2016, Xpress Money H.O.P.E offered educational grants for children of UAE’s blue-collar workers through SmartLife.[8] It has also partnered with Habitat for Humanity.[7] During the 2015 Nepal Earthquake, Xpress Money H.O.P.E provided relief material and initiated free remittances to Nepal for a month.[9]
References[edit]
- ↑ Syed, Imran (8 May 2017). "WorldRemit and Xpress Money seal money transfer partnership". Saudi Gazette. Retrieved 22 June 2017.
- ↑ "India's remittance recipients are now benefiting from full cash payments". The Gulf Today. Retrieved 11 July 2017.
- ↑ "Xpress Money offer mobile remittances to Kenya". GulfNews. 20 June 2014. Retrieved 22 June 2017.
- ↑ "Xpress Money starts mobile remittance service to Ghana". GulfNews. 9 April 2015. Retrieved 22 June 2017.
- ↑ Kassem, Mahmoud. "Xpress Money to launch 'world's first social mobile money transfer app' | The National". The National. Retrieved 22 June 2017.
- ↑ Lawrie, Eleanor. "Transferring money meets social media as 'disruptors' try to cut costs". This is Money. Retrieved 22 June 2017.
- ↑ 7.0 7.1 Gedam, Ashwin (29 November 2016). "Xpress Money H.O.P.E. Drives Change And Financial Inclusivity". Forbes Middle East. Retrieved 22 June 2017.
- ↑ "Indian workers in UAE get children's education support". Khaleej Times. Retrieved 22 June 2017.
- ↑ "Charitable offers in the UAE to help those in Nepal". The National. Retrieved 22 June 2017.
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