WorldRemit and Xpress Money launch instant money transfers

Money transfer firms WorldRemit and Xpress Money have partnered to unveil a remittance service to Pakistan. Through Xpress Money’s agent partner network, WorldRemit customers will be able to make instant money transfers to be collected at over 9,500 cash pick-up locations all over the country – including major banks, Al Habib Bank, Bank Alfalah, Bank of Khyber, Dubai Islamic Bank Pakistan, FINCA Microfinance Bank, JS Bank, Meezan Bank, Punjab Provincial Co-operative Bank, Silk Bank, Sindh Bank Limited, Soneri Bank Limited, The Bank of Punjab, and Zarai Taraqiati Bank. Ismail Ahmed, founder and CEO at WorldRemit, says the partnership will extend its “footprint into new territories”. Read more: bankingtech.com