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Dashen eases remittance via Silicon Valley partnership capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.
Dashen eases remittance via Silicon Valley partnership capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.
Fintech firm, Flutterwave, has entered into a partnership with Ethiopia’s largest mobile Digital Wallet platform, Amole, to aid remittances into Ethiopia. This was disclosed in a statement by the Flutterwave last week Thursday, noting that the partnership would enable Ethiopia’s 8 million diasporic community to send money through Amole. The funds would be sent into Amole Wallet, bank accounts, and cash pickup location scattered across 2,500 locations. Amole is a mobile money app of Ethiopia’s largest private bank – Dashen Bank, offering a digital payment framework for the convenience of Ethiopians. The partnerships would accommodate International Money Transfer Operators (IMTOs) and Flutterwave’s products such as Barter by Flutterwave, assisting the 8 million Ethiopian diasporans to remit over $5 billion to Ethiopia annually. ....
Image sourced from Techpoint Africa Flutterwave has partnered with Amole to facilitate money transfers into Ethiopia. Through this agreement, Amole Wallet users will be able to send money to bank accounts and cash pickup locations at over 2,500 locations across the country. This news comes at a time when many remittance services in Ethiopia today are seen as too expensive, with manual paperwork and delays making it challenging and time-consuming. The partnership is expected to solve these problems by providing instant delivery of funds to the receiver at no fee, with more control of where and how to send money, including transparency from a regulatory standpoint. ....
Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia to Amole’s Digital Wallet and Bank Accounts Share Article The partnership will allow over 8m Ethiopian Diaspora to send money instantly through Amole, to Amole Wallet, bank accounts and cash pickup locations at over 2500 locations. Flutterwave & Amole Logo Yemiru Chanyalew, CEO Moneta Technologies, SC – said: “We are very excited to work with Flutterwave and leverage our combined technologies to broaden our offering to Ethiopian Diaspora community consumers and merchants to enable cross-border remittance and commerce. SAN FRANCISCO (PRWEB) May 20, 2021 Flutterwave, Africa’s leading payments technology company, has today announced its partnership with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate money transfer into Ethiopia through Amole, to Amole Wallet, bank accounts and cash pic ....