SRI LANKA, Nov 2017: Having our eyes set on the beautiful coasts of this Ceylonese island and wanting to connect with it from anywhere in the world. Tranglo has recently partnered up with eZ Cash to ensure that Sri Lankan diasporas around the world can now make cross-border payouts to home.
From before, those who worked abroad in Malaysia, Singapore and the United Kingdom may only send money home through tedious banking processes that take up much time for both parties. With Tranglo now present on their coasts, senders and receivers can do transactions easily without the need for traditional banking institutions nor ample time.
Continuing Tranglo’s motto in delivering a faster, more secure and convenient approach to money transfers. This virtual wallet that sits on the senders’ phone makes it easier for the recipient who does not have the usual access to conventional banking.
Plus, through trusted eZ Cash merchants the recipients (families or loved ones) can safely retrieve their transfers at the over 20,000 locations nationwide.
“eZ Cash has revolutionized the Financial Industry in Sri Lanka and thereby plays a significant role in customers’ day-to-day lives. The partnership between Tranglo and eZ Cash will continue to enrich our customers, providing millions of Sri Lankans a secure and convenient way to receive funds instantly from their family & friends abroad straight to their mobile phone” said Fariq Cader, Vice President – Digital Services.
Tranglo CEO and founder, Mr. Hui Yong Sia commented about the partnership “We are excited to cooperate with the leading electronic wallet in Sri Lanka. I believe this new channel is a highly attractive alternative channel for our payout partner globally.”
Using the service is simple, all the senders need to transfer money through any of Tranglo’s partners from the multiple countries they are present, and recipient in Sri Lanka can receive the money directly in their eZ Cash accounts to carry out any cash transactions.
Tranglo is a leading international mobile financial transactions hub operator that enables cross-border airtime exchange, money transfer and bill payment via its award-winning innovative solutions gloTransfer and gloRemit. Tranglo works with prominent mobile operators and financial institutions, vendors/resellers/distributors, remittance service providers across the globe through its local offices in London, Dubai, Malaysia and Jakarta. For more info on Tranglo, please visit www.tranglo.com or www.facebook.com/tranglo
About eZ Cash
eZ Cash, launched in June 2012, is a virtual wallet attached to a mobile device designed for many Sri Lankans that are without access to conventional banking. Without any bank account details, joining fee, monthly charges and minimum balance, the financial service is available to 14 million Sri Lankans and is the world’s first end-to-end interoperable mobile payment service.
This non-conventional cross-border payment system has been approved by CBSL.