Lycamoney, MTN and HomeSend launch new remittance corridor between UK & Ghana

Paris, 20 September 2013

HomeSend continues to light up mobile money transfer corridors around the world with the most recent launch this week between the UK and Ghana. The corridor will enable Lycamoney Card users in the UK to send money instantly and cost effectively to their relatives and friends using MTN Mobile Money services anywhere in Ghana, with the HomeSend remittance hub as a key enabler for the remittance transactions.

HomeSend is a strategic business partnership between BICS and eServGlobal, allowing the real-time transfer of any type of funds, such as airtime or money, and from various fund sources, such as eWallets, bank accounts, credit cards and cash.

MTN Mobile Money customers in Ghana will now have the opportunity to receive international money transfer from family and friends instantly into their wallets thereby giving them immediate access to their money wherever they are in Ghana.

Milind Kangle, Group Chief Executive for the Lycamobile Group commented “Money transfer is the next exciting step towards realising our strategy to service the communication, travel and financial services needs of ethnic and immigrant communities around the world. Our customers tell us that they need a simple and secure way to send money home and the HomeSend service is just what our customers are looking for.”

Eli Hini, Commercial Senior Manager for Mobile Money, MTN Ghana says “MTN Ghana is excited to be leading innovations in the mobile wallets segment in Ghana with the launch of a service that makes Ghanaians living abroad feel even closer to their family and friends. The service, can be enjoyed by all registered MTN customers and is instant, totally secured and very convenient.”

Nicola Peters