June 13—WorldRemit now enables Android Pay users to safely and securely send money to over 112 million mobile money accounts accessible via its network. The integration will make WorldRemit the only remittance provider offering international payments through Android Pay around the globe.
Android Pay is a digital wallet platform developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches. Android Pay uses near field communication (NFC) to transmit card information facilitating funds transfer to the retailer.
Alice Newton-Rex, Vice President of Product at WorldRemit said: “This integration with Android Pay is the next logical step of our mobile first approach, and continues our commitment to providing greater financial inclusion.”
By connecting directly with Android Pay, WorldRemit customers can transfer money instantly across continents in just 5 taps – without entering credit card or 3DS details. Using mobile money, a recipient customer can then pay for school fees, utility bills and groceries among other things directly from their mobile phones – without the need for 3G or wifi.
WorldRemit users make around 600,000 transactions every month, sending from over 50 countries to more than 140 destinations including Uganda. “We want to make it easier for organisations like WorldRemit to offer a simpler, faster in-app payment solution for their customers. With Android Pay, people will be able to speed through checkout with their Android phones in a few click,” Pali Bhat, Director, Product Management at Google said.
Newton-Rex said, “Currently 60% of WorldRemit app users are on Android, which is also by far the most popular mobile operating system in the developing world, where 2 billion people are still un-banked, but critically half a billion use their mobiles as a bank account.”