Africhange Extends International Money Transfer Services into the United Kingdom Market
Africhange, a global remittance services provider, has entered the United Kingdom market, aiming to make international money transfers more accessible, affordable, and efficient for users worldwide. The company's mission remains committed to improving the global payments experience for the African diaspora, as emphasized by its founder and CEO, David Ajala.
Africhange's services are currently available in various countries worldwide, supporting remittance services across more than 100 global corridors. The company plans to extend its services to Ghana and Kenya by the end of the year, addressing the strong historical ties and growing diasporas in these countries. Nigeria, being one of the largest recipients of remittances from the UK, will also continue to benefit from Africhange's services.
Africhange accommodates a wide range of currencies, including US Dollars, Canadian Dollars, Chinese Yen, Nigerian Naira, Kenyan Shillings, Ghanaian Cedis, Indian Rupees, Australian Dollars, British Pound Sterling, and others. To make remittances even more affordable, Africhange aims to address high remittance costs by offering competitive rates and a seamless, cost-effective global payment experience.
In addition to its remittance services, Africhange is introducing its loyalty program, Afripoints, to the UK market. Afripoints allows users to earn cash rewards for transactions and can be used for discounts on future transactions. The company also offers discounted exchange rates for students enrolled in UK universities, making it an attractive option for students who frequently need to transfer funds.
Africhange has acquired an Authorised Payment Institution License, allowing it to offer a wide range of payment solutions in the UK. The company continues to expand its global footprint, aiming to broaden its range of payment and financial services for users.
It's worth noting that Africa has some of the most expensive remittance corridors globally, with fees reaching up to 15 percent in certain cases. By offering competitive rates and a seamless, cost-effective global payment experience, Africhange aims to make a significant impact on the remittance market, benefiting both individuals and businesses.
In conclusion, Africhange's entry into the UK market marks an exciting development for the global remittance industry. With its commitment to improving the global payments experience, expanding its services to various countries, and offering competitive rates, Africhange is well-positioned to make a positive impact on the African diaspora and beyond.
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