News & Updates

PaySii-20 August, 2020-3 min read

PaySii launches money transfers to Ghana.

Diaspora members in 14 countries including UK, France, Norway, Sweden, Germany, Netherlands and Denmark will now be able to send money to loved ones back home.

London - 20 August 2020 – PaySii has expanded its online money transfer service to West Africa with the launch of mobile money transfers to Ghana. Diaspora members in 14 countries including UK, France, Norway, Sweden, Germany, Netherlands and Denmark will now be able to send money to loved ones back home. With even more countries to be added soon.

PaySii brings you closer to loved ones by allowing you to send money from the comfort of your own home or on the go 24/7, without the hassle of going through agent locations and paying their overpriced fees. PaySii customers will now be able to send money to mobile money wallets operated by the likes of MTN, Airtel Tigo and Vodafone at competitive prices.

According to the World Bank, Ghanaian diaspora have sent an estimated $3.5 Billion USD to Ghana from around the world in 2019. Making them one of the largest receivers of remittances. In terms of financial inclusion, Ghana has made tremendous efforts in giving more people access to financial services. 42% of adults hold an account with a financial services institution and 50% have made or received digital payments compared to the regional average of 34%.

Ghana’s financial sector has grown rapidly in the past 10 years, becoming the fastest-growing mobile money market in Africa. The government has promoted mobile money services, which has helped the number of mobile accounts to reach 40% of the adult population. Ghana is now working on digitising its government and utility payments in order to allow mobile money users to pay their bills using their phone without having to visit branches, further supporting the countries aim for greater financial inclusion.

PaySii is a digital remittance platform known for its ultra-competitive rates and instant mobile-to-mobile money transfers, which helps migrant communities send money to their loved ones with ease. PaySii provides an easy to use service that displays a transparent user experience with no hidden fees and guaranteed exchange rates. Giving the sender the peace of mind of knowing exactly how much they will pay and how much the receiver will get.

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