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September 15, 2020updated 12 Oct 2020 10:14am

WorldRemit launches transfer app to track and trace funds

By Mohamed Dabo

WorldRemit, a global digital payments company, has launched The WorldRemit Transfer Tracker mobile App for recipients of money transfers which allows them to track their remittances.

The WorldRemit Transfer Tracker App is now available through the Google app store in Nigeria, India, Mexico and Colombia. It will also be free to download through the app store in 90 countries in iOS and Android later this month.

With WorldRemit’s proprietary technology, each user can now track the money they have been sent, giving them added peace of mind at a time when

A tracking feature “for added peace of mind”

The Transfer Tracker App has a “track my money” feature, which allows recipients to see exactly where their funds are in real time for added peace of mind, the company says.

According to the 2017 World Bank Global Findex database, there are 1.7 billion adults across the world who do not have a bank account, nor do they have an account with a mobile money provider.

The majority of financially excluded people tend to live in rural areas or places with limited access to reliable transportation, which often means having to make long journeys into city centres.

Launched “exclusively with recipients in mind”

For those who rely on financial support from loved ones abroad, visiting cash pick up agents is often the only option available to them.

WorldRemit claims it is one of the first companies in the global payments industry to launch a Transfer Tracker app exclusively with recipients in mind.

The digital payments company allows senders in 50 countries to send money via the app or website to recipients in over 150 countries and can choose from multiple payout methods including bank deposits, mobile wallets, mobile airtime top-up and cash pick-up.

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