MasterCard has announced a strategic partnership with eTranzact to facilitate easier access to international remittances for millions of Nigerians. This collaboration leverages the HomeSend platform, enabling recipients to conveniently receive funds directly into their eTranzact mobile wallets or bank accounts.
Through this partnership, Nigerians can now seamlessly receive remittances from family and friends abroad, utilizing their mobile devices to access and utilize these funds. This move aims to enhance financial inclusion by providing convenient and cost-effective remittance options, particularly for the unbanked population.
Nigeria, a major recipient of remittances globally, stands to significantly benefit from this initiative. By simplifying the remittance process, MasterCard and eTranzact are addressing a critical need for millions of Nigerians who rely on funds from overseas.
