Mobile Finance

New partnership targets Zambian money transfer services market

Money transfer services continue to make headlines in Africa. This time it’s the turn of Zambia where Western Union, Zoona Transactions Zambia Limited and Chipper Cash have announced the launch of international money transfer services in the Chipper Cash app.

The partners say that the co-branded service enables customers in Zambia to send and receive money globally, based on their convenience and needs.

Zoona is a leading fintech and enterprise payments platform in Zambia. Acquired by Chipper Cash, a financial technology company, in 2022, the two brands now support five million customers across Africa.

Today’s announcement combines Western Union’s global strength and 175 years of expertise in international money movement with Chipper Cash’s and Zoona’s local payments knowledge and innovative mobile technology platform.

Chipper Cash app users can now send and receive money seamlessly across Western Union’s network of over 200 countries and territories. They also have the flexibility to send funds to mobile wallets worldwide, as well as for cash pick-up at hundreds of thousands of locations abroad. Payout to bank accounts will be launched shortly.

The Chipper Cash app is available for download on both Android and iOS smartphones. To initiate a Western Union transaction, customers can use funds stored in their Chipper Cash wallet. The wallet can be conveniently topped up at multiple cash and digital payment touchpoints, including retailers, mobile network operators, banks and ATMs.



More Articles you may be Interested in...