Worldremit Partners With Hello Paisa to Enable Money Transfers to Zimbabwe

WorldRemit and Hello Paisa have entered into a partnership to provide cash pickup services throughout Zimbabwe. The partnership will enable Zimbabweans to collect remittances in US dollars at over 120 Hello Paisa payout locations across Zimbabwe.

Zimbabweans in the diaspora will effortlessly be able to send money back home and provide their loved ones the ability to receive and withdraw funds through an extended cash pickup network in both rural and peri-urban areas. 

Remittances from the Zimbabwean diaspora have been steadily growing in recent years. In 2021, money coming into Zimbabwe surpassed 2020’s impressive figure of $1.002 billion by 43% ($1.430 billion).1 According to a recent report from WorldRemit, as of 1 June 2022, users globally have sent nearly £170 million to Zimbabwe this year. 

In an ongoing effort to make international money transfers accessible and affordable, this partnership will help facilitate payments from the Zimbabwean diaspora, who help contribute to the country’s growing economy. Thanks to the partnership with Hello Paisa, WorldRemit’s cash pick-up network has now grown to a total of over 640 locations across Zimbabwe.

Sayjil Magan, Managing Director at Hello Paisa expressing his delight with the WorldRemit partnership said, “With financial inclusion and driving the costs of remittances down as cornerstones of our vision, through this partnership, we believe that we will spare Zimbabwean recipients of remittances the hassle to travel long distances to collect their remittances as they will now have access to receive guaranteed US Dollars at any one of our 120 branches in Zimbabwe.”

While commenting on the milestone partnership, Darryl Pietersen, Director Anglophone Africa at WorldRemit said, “We are pleased to be partnering with Hello Paisa, a trusted partner with years of experience processing remittances in the region. Zimbabwe is a prominent receive market in Southern Africa. This partnership allows both the Zimbabwean diaspora and recipients in Zimbabwe to send and receive remittances seamlessly, making financial processes for all as smooth as possible.”

Together, WorldRemit and Hello Paisa are improving financial inclusiveness and helping support economic growth by making it easier and quicker for Zimbabweans to collect funds. With real-time-transaction processing, and fee transparency, WorldRemit ensures the timely delivery of remittances.