Transfast Wins Kalahari Best Remittance Service Award

NEW YORK, Feb. 3, 2016 /PRNewswire/ -- Transfast, the global funds transfer company, announced that it was awarded Best Remittance Service at the Remittance and Mobile Money Expo in Lagos, Nigeria.

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The Kalahari Awards are presented to companies that have significantly contributed to the remittance services and mobile financial services sector to make remittances and digital payments more affordable, available and impactful in Africa.

Komal Rathi, COO of Transfast.com, says Transfast is pleased to receive recognition for its innovations in the remittance space.

"We're continually innovating and listening to customers, to create smarter ways to get money from Point A to B, anywhere in the world," says Rathi. "Transfast is the new frontier and the leading edge of remittances into Africa, offering the greatest range of options for customers on both send and receive sides."

Transfast is a leading omni-channel provider of multi-currency cross-border payments solutions to consumers around the world, and has a proprietary bank network that covers 23 African nations – the most extensive of its kind on the continent. Transfast's Africa network enables people in the U.S. and Canada to send remittances directly into recipients' bank accounts at nearly 600 banks in Africa or to 6,000 cash pick-up locations inside African banks. 

Transfast has recorded a number of innovations, including the first international instant bank deposits, in 2009. This product has enabled millions of customers to send money instantly to recipient bank accounts around the world.

Transfast has an especially strong African bank network, which is available to 90 percent of adult bank account holders in the 23 nations it serves. Partner banks include African Banking Corporation, FirstBank of Nigeria, Fidelity Bank, First Atlantic Bank, HFC Bank, Merchant Bank and UT Bank.

Customers can easily send money transfers to Africa from a mobile device or desktop. For more information and to access the service, visit https://transfast.com.

About Transfast:

Transfast is a leading omni-channel provider of multi-currency cross-border funds transfer and payments solutions to consumers around the world. The company operates a best-in-class network in more than 120 countries in the Americas, Asia, Europe and Africa with multi-product capability, including a leading, one-of-a-kind instant bank transfer offering.

Media Contact: Laura Tiebert, Director, Public Relations; 312/510-0632; Email

SOURCE Transfast

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