The financial landscape of the Common Monetary Area (CMA) is poised to undergo a significant transformation. The South African Reserve Bank (SARB) has mandated that, from September 30, 2024, low-value electronic funds transfers (EFTs), debit, and credit payments between CMA countries (South Afri...
It could be slow and expensive using your bank, so an online money transfer service could be a better alternative. One of the options available is Mukuru, a remittance company which specialises in transfers to Africa. It was founded in the UK in 2004, but has partnerships all over the worl...
I just sent money from my other bank account to someone at home via the mukuru app in seconds. Swiftly executed from the comfort of my home. more Developer Response , Hi, Mr Gugu! We are truly grateful for the time you spent reviewing our app. Your insights are invaluable. Wishing ...
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The Reserve Bank of Malawi (RBM) National Payment Systems report for the period ended December 2022 showed a 14.1% increase in the number of mobile money subscribers, which stands at 12.2m, up from 10.7m in 2021. According to Pride Chiwaya, Malawi country manager at Mukuru, it was this ...
Next-generation financial services platform Mukuru (www.Mukuru.com) has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe. ...
The company also intends to continue making customer support as workable and responsive as possible. For example, it plans to leverage Zendesk to launch new service lines such as Mukuru Groceries and Customer Shopping coupons. “We’re launching an app very soon—we delayed the launch in April ...
Andy Jury, CEO, Mukuru Spread the love CAPE TOWN & LONDON–(BUSINESS WIRE)–MukuruandWorldRemittoday announced a deepening of their existing partnership. Having initially launched the alliance in Zimbabwe, the two companies aim to expand their collaboration for cash remittances into Zambia, So...
On the sending side WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up and mobile money. ...
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