• About
  • Advertise
  • Careers
  • Contact Us
Tuesday, June 24, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Economy Fintech

Smartcash PSB Partners Simba Pay for Diaspora Remittance Service

by Techeconomy
September 13, 2023
in Fintech
0
Smartcash PSB and Simba Pay -
Smartcash PSB | Simba Pay

Smartcash | Simba Pay -

UBA
Advertisements

Smartcash payment service bank, a subsidiary of Airtel Networks Nigeria, has entered into partnership with Simba Pay Limited, a Subsidiary of MFS Africa, for inward International Remittance Services.

The services are designed to enable customers receive money instantly from abroad into their Smartcash PSB Account

This partnership will enable customers to receive remittances from anywhere in the world, directly into their Smartcash accounts, by simply sharing their phone numbers, which also serve as their account numbers.

In today’s interconnected world, where global transactions are becoming increasingly common, Smartcash PSB has said it recognizes the need for a secure and efficient solution for its customers.

Muyiwa Ebitanmi, Managing Director, Smartcash PSB, while commenting on the newly launched inward international remittance services, said it is set to solve another challenge with receiving funds from family and friends abroad for the financially excluded, by providing a hassle-free and efficient solution for individuals and families in the diaspora looking to send money quickly to their loved ones in Nigeria.

“With cross-border transfers, Smartcash has brought unprecedented convenience and speed to international remittance, making it easier than ever for Nigerians to enjoy seamless transactions at a global scale via their Smartcash accounts.  We are certain that this service will not only improve the financial well-being of our customers but also contribute to the economic growth and spending capacity of Smartcash account holders in the country,” Mr Ebitanmi remarked.

Speaking on the partnership, Martin Mbonu, the Director (MNOs) MFS Africa, said, “We are excited to partner with Smartcash PSB on this launch as it visibly simplifies international money transfers for customers. This product offers a new level of convenience and efficiency, providing users with a faster and more accessible way to receive funds from the diaspora, and we are glad to be a part of this solution-centric initiative,” he said.

As Smartcash hits its one-year service milestone, the launch of the SmartCash PSB International Remittances Service marks a significant innovatory for the companies, its customers and the Nigerian payment service bank market at large.

By providing a fast, affordable, and secure solution for international remittances, SmartCash PSB is empowering Nigerians to effortlessly support their families and loved ones, regardless of geographical boundaries.

Smartcash PSB was launched in 2022, following the need for the unbanked to access banking activities at their convenience. For this reason, the Central Bank of Nigeria granted the PSB license to entities and investors who seek to comply with its policies and obtain its objective, to enhance financial inclusion by increasing access to deposit products, payments,  and remittance services to individuals, small businesses, low-income households, and other financially excluded entities.

Loading

Advertisements
MTN ADS

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: Diaspora RemittanceSimba PaySmartcash PSB Account
Techeconomy

Techeconomy

Next Post
Flutterwave Hires 85% of Its Graduate Trainees as Full-Time Employees

Flutterwave Hires 85% of Its Graduate Trainees as Full-Time Employees 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Nigerian Entrepreneurs Named among Aurora Tech Award 2025 Finalists

Solape Akinpelu, Manzo Nyifamu Ogechi | Nigerian Entrepreneurs Named among Aurora Tech Award 2025 Finalists

4 months ago
Invinsense 6.0 - Mart Networks Seals Partnership Deal with Infopercept | Moiz Maloo

Mart Networks Seals Partnership Deal with Infopercept to Bring Comprehensive Cybersecurity Solutions to Africa

3 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.