BancABC, Mama Money Launch Cross Border Money Transfer Service
BancABC Zimbabwe has partnered with Mama Money to launch Border Hopper, an international remittance service that allows Zimbabweans in the diaspora to send money home.
Border Hopper will allow Zimbabweans to send money through any Mama Money Agent in South Africa, including Pick n Pay stores, to Zimbabwe.
The funds can be collected at any one of over 40 BancABC kiosks in TM Pick n Pay stores across the country.
Speaking at the product launch event on Tuesday, the bank’s chief executive, Lance Mambondiani, said Border Hopper was an extension of the bank’s domestic remittance City Hopper facility, which was launched last year. Said Mambondiani:
Just over a year ago, we launched City Hopper, our domestic remittance service that has proven to be quite popular with our clients.
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Today, we are excited to extend this service across borders with the launch of Border Hopper.
We are grateful for the hard-working Zimbabweans across the world who support their families and contribute to the development of the economy in difficult times.
We have seen the spike in remittance values and volumes under the hardships of the COVID-19 pandemic and we wanted to provide a fast, convenient and simple solution to allow our diaspora customers to do their transfers.
What better way to do that than bringing the service to your backyard through Pick n Pay’s nationwide network.