Tempo partners Jalloh to commence money transfer business in Nigeria, others.
With this development, customers can now send money from Tempo’s Paris store, or its agent locations in France and Germany and collect the cash in Jalloh’s locations in Nigeria, Guinea, Senegal, Gambia, Mauritania and Sierra Leone.
After the joint project completion, the number of locations where Tempo services are now available, exceeds 50.
Also, for the first time, clients will be able to send money to Germany and France from Guinea and Senegal.
The services include SMS notification and phone assistance.
“We are happy about the successful completion of the joint project. Now our customers from African countries have obtained yet another opportunity to enjoy genuine European quality services,” said Ibrahim Jalloh, the CEO for the UK-based company.
Both parties trust that the joint project plays an important social role in the continent where the GDPs of many countries vitally depend on volumes of money transfers.
“Development of money transfer corridors in Africa is an important task, given how much the population in the vast number of countries [in the continent] depends on the money, their loved ones send from Europe,” said the president for Tempo Money Transfer, Jeffrey Phaneuf.
He also stressed that Tempo have diligently been working on their services, to be an important financial inclusion for people with lower income, not only in Africa, but globally.
“Our priorities are European quality and reliability with accent on low transaction costs for wires. This makes for effective decrease in the black market and bringing the transactions into the open, regulated sphere. This benefits the host country’s economies and our customers,” Phaneuf said.
Tempo’s services are now available in over 150,000 locations in 100 countries. It has a pan-European license issued by BdF, operating over 70 locations in Germany and France.