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Firm enters Zim money transfer market

08 Jan, 2016 - 00:01 0 Views

The ManicaPost

Business Reporter
In improving the lives Zimbabweans through money transfer, Hello Group, leaders in fintech solutions for immigrant workers worldwide, has revolutionised the way breadwinners beyond borders can send money to their families at home through its money transfer service, Hello Paisa.

The key to Hello Paisa’s ongoing successful innovation in money transfer centres on solid partnerships. Hello Group has forged strategic partnerships with popular retailers such as TM Stores, Pick ‘n Pay, Telecash and Zimpost, they continue to expand their services. Now, loved ones of Hello Paisa customers are empowered by choice, increasing ease of collecting funds from any of the Hello Paisa partners, which is often much needed funds from their breadwinners abroad.

Hello Group’s African venture highlights Hello Paisa’s successful innovation in money transfer solution. Their Zimbabwe footprint signifies Hello Group’s ongoing commitment to creating a competitive market in Africa.

The money transfer sector is fast becoming a recognised platform to drive economic and social development in Africa. Hello Group are adding value to this booming sector as innovation provides solutions to the key issues facing people, communities, countries and the world.

Managing Director of Hello Paisa, Ahmed Cassim says, “Money transfer services contribute substantially to a country’s economy. Not only is it an important source of household income for thousands of families, it serves as a key contributor to critical sectors such as education, entrepreneurship and healthcare.”

The Central Bank of Zimbabwe recently announced it was moving towards encouraging more remittances from Zimbabwean citizens living abroad – this reinforcing Hello Group’s role as change agents and leaders in the race to provide this essential service.

Hello Group has tailored Hello Paisa to fit the requirements of consumers locally and on the continent.

“With the heart and soul of an entrepreneur, we’re continuously looking to bridge the financial gap for informal sectors. We know that this kind of tech-savvy innovation truly has the power to transform people’s lives, and ease of use is at the core of this,” says Cassim.

Hello Group CEO Nadir Khamissa says, “It might been a business opportunity for us, but we’re massively excited about the positive impact that we have made on the lives of Zimbabweans. So many of their loved and sole breadwinners work in South Africa and this is where we can make a real difference.”

Khamissa calls on Zimbabweans to continue to help bridge the gap on financial inclusion by experiencing the low-cost international money transfer solution that puts convenience and security first, because he knows that this is what their families deserve.

To sign up for Hello Paisa, dial *130*43556# and select “call me back”. Once registered, orders can be placed through Hello Paisa’s Android Mobile phone application or via its call centre. The only thing left to do is settle transactions at any Hello Store, FMB, Shoprite, Pick n Pay or Spar store countrywide.

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