Western Union, Absa to Offer Cross-Border Money Transfers via Internet and Mobile

First Money Transfer Service in World to Offer Seamless Platform Across Multiple Electronic Channels

South Africa's largest retail bank, Absa, and Western Union, a leader in global payment services, have enhanced their joint service offering to Absa accountholders by allowing them to conveniently access the Western Union(R) Money Transfer(SM)service to send or receive cross-border money transfers using either a cell phone or Internet banking.

Absa -- voted as Africa's most innovative bank -- and Western Union have developed a convenient solution for Absa accountholders wanting to transfer money to friends and family living abroad.

Tameer Bank eyes 30m bill payments by year-end

by: The News(Daily English Newspaper) 

Around 300,000 utility bills were paid through the facility of ‘easypaisa’ in March, while these numbers will be enhanced to 30 million by the end of the current year, a top executive of the bank said.

In a lecture on Friday on “New developments in microfinance”, Nadeem Hussain, President, Tameer Microfinance Bank, said that the consumers are availing the off-banking facility through retail network. “The consumers are also being provided a facility of remittances at the local level,” he added.