Vodafone Fiji has teamed up with TransferTo,a leading B2B Cross-Border Payments Network, to provide international
digital money transfer services into Fiji from Australia. This will allow
Vodafone M-PAiSA users in Fiji to receive money sent by family and friends
living in Australia directly to their mobile phones.
Thousands of former Fiji residents,
migrant workers and professional athletes living in Australia, who regularly
send money home to their families in Fiji, will now be able to experience
this
revolutionary service which will benefit thousands of families in Fiji. 

 

Head of Vodafone E-Commerce and Corporate Affairs, Mr
Shailendra Prasad said, “Each year over FJD$500m 
 is received in inward remittances
by Fijians. Our partnership with TransferTo provides a very affordable, fast
and extremely secure network to facilitate sending money to Fiji. “As a brand,
customers have always been our priority and it has always been our endeavor to
launch services for their benefit. We are certain that beneficiaries will use
this convenient service to their advantage – they can receive money any time
from the comfort of their homes. We are happy to be partnering with a reputable
and trusted payments network provider like TransferTo that reckons with our
belief of customer convenience and satisfaction.”

 

“We guarantee that any money sent via TransferTo to M-PAiSA
users in Fiji will be received within minutes of it being processed,“ said Mr
Prasad.
A
text message will also be sent to the recipient confirming the receipt of the
money in their M-PAiSA account. 

 

The service is being launched in
Australia and is expected to shortly expand into New Zealand, followed by the
USA and Canada. Those receiving money via this medium do not need a bank
account to use this service. The money sent from overseas is received in Fijian
dollars directly into their M-PAiSA account on the mobile phone. The recipient is
then able use the money received for payment services available through M-PAiSA
such as water and electricity bill, purchase of prepaid power, payment of banks
loans, top up their mobile phones or walk into any conveniently located M-PAiSA
outlet around the country to cash out.

 

“For many
families, money sent by relatives from abroad is an important source of supplementary
income to meet their daily needs. This international money transfer service,
powered by TransferTo, is a lifeline for many families.  We are therefore pleased that we can provide
this convenient, cost effective and instant money transfer service 24 hours a day
and 7 days of the week It does not get any better than this,” said Mr Prasad

 

Eric Barbier,
CEO of TransferTo, commented, “We’re delighted to be partnering with Vodafone
M-PAisA to provide their customers with a network to facilitate cross-border
digital money transfer services to Fiji. We look forward to working together to
grow the partnership and expand our offering into new markets. We’re committed
to making sending money across borders accessible and cost effective for all. 

 

The service has
been approved by the Reserve Bank of Fiji after being statisfied of the
transaction security, reliability and compliance requirements for a cross
border transaction. 

 

Kali Prasad of
Tabia Labasa who receives money regularly from his son in Australia said, “I
was informed of this new service at the Vodafone outlet today. I informed my
son to try this new service. I was surprised when I received $200 in my M-PAiSA
account within minutes of me telling my son about this new service.  Whilst I thankful to my son, I applaud
Vodafone for this very convenient international money transfer service. I am
already using M-PAiSA to pay my bills and top up my phone. This new
international money transfer service definitely takes the cake though.”

 

The introduction
of this new service is a natural progression in the suite of value added services
that M-PAiSA is able to provide to the Fijian customers. Vodafone Fiji have a
network of reputable sending partners and an equally good network of local
agents who are able to service the clients at both ends. They are confident
this new service will be well received by the senders and receivers alike.

 

M-PAiSA was
launched by Prime Minister Bainimarama in 2010 and it is now the most widely
used mobile money payments service in Fiji. Recently, the government the
M-PAiSA platform to distribute over $130m in housing grants to those affected
by TC Winston.

 

 

About Transfer To

TransferTo operates a B2B Cross-Border Mobile
Payments Network for emerging markets, processing real-time transactions for
leading money transfer operators, mobile operators, digital wallet providers,
banks, NGO’s and merchants. Leading companies, including Vodafone’s M-Pesa, Orange Money, Western Union, Xoom,
UNICEF and PayPal rely on TransferTo’s mobile payment solutions to perform
digital payments
.

Through a network which spans across more
than 130 countries, TransferTo provides its partners with a global compliance
framework for all relevant regulatory requirements.

TransferTo was founded in 2005. The company
is headquartered in Singapore, with regional offices in Miami, London and
Dubai, and local offices across Mumbai, Jakarta, San Salvador, Nairobi and
Barcelona.

For more information, please
visit:
www.transfer-to.com





About Vodafone Fiji                                                        

Vodafone Fiji Limited is a 100% locally owned
company. It operates under a franchised partner market arrangement with
Vodafone Group Plc.  Vodafone is one of
the leading mobile communications company in the world with over 440 million
proportionate customers worldwide. Vodafone Fiji which is a subsidiary company
of the Amalgamated Telecom Holding Fiji provides a range of information,
communication and telecommunication services to over 750,000 customers in Fiji.