Azimo, the digital money transfer service, has introduced direct payments to any bank account in Nigeria with a free service for the next three months. With unmatched rates on the market the service is also amongst the fastest, with funds received in under two hours.
For Nigerians living abroad, Azimo is able to also deliver funds for cash-pick to 190 Skye Bank branches, for mobile airtime top-up (Airtel, Etisalat, MTN, Globacom) and eTranzact mobile wallets.
All this is available on iOS and Android apps, as well as at www.azimo.com, where registration and setting up a transfer takes seconds and allows customers to conveniently track their payments and notify their families of incoming funds.
Over $20 billion in remittances are sent to Nigeria every year1, contributing almost 5 per cent of the country’s GDP, an essential external source of income for the nation and its citizens. According to Azimo data, Nigerians are some of the most regular money senders averaging over 10 transfers per year with the top reasons to send being family support, funding education and birthday/Christmas gifts.
“The huge Nigerian community in Europe have some of the strongest ties to their home country” said Michael Kent, CEO and Founder, Azimo. “We’re now able to offer a service where more of our customer’s money is reaching their loved ones faster and at the best rates on the market. Whether our Nigerian customers want to send money by bank transfer, cash pickup, or mobile airtime or wallet, they can now do it directly from their mobile phone using Azimo. With Christmas around the corner we are very happy to say that the service will be FREE for the next 3 months, which should help that hard earned cash go further back home this year. We encourage as many people as possible to try it out and let us know what they think.”
Azimo provides a fast, secure and low-cost alternative to legacy high street remittance services. As a leader in digital and mobile money transfers, the company has built the most comprehensive network of any online player, sending money to over 190 countries in 70+ different currencies.