NassWallet collaborates with Western Union to offer global money transfers to customers
January 8th, 2024
ERBIL, KURDISTAN REGION – IRAQ; NassWallet and Western Union have joined forces to launch international money transfer services on the NassWallet app. This collaboration marks a significant milestone in making cross-border transactions simpler, faster, and more accessible than ever. Consumers across Iraq will now be able to send and receive money directly from the NassWallet app for the first time, in just a few taps.
Customers can sign up for a NassWallet account in minutes and start sending and receiving cross-border transfers soon thereafter. Those sending funds will have access to the full strength of Western Union's global network: account payout into bank accounts and wallets in over 110 countries, and cash payout in 200 countries and territories.
“In providing digital money transfer services, we are creating access and growth for individuals, businesses, communities, and the whole economy by bridging the gap in financial services," said Waleed Khalid, CEO, NassWallet. “NassWallet is a company that has a strong social purpose at its core with a commitment to financial inclusion, and we are proud to partner with Western Union to ensure our mutual vision continues to meet the growing demand of our community and contributes to economic development.“
“Driving financial inclusion lies at the heart of our ambition to enable accessible financial services for all," said Jean Claude Farah, President of Middle East and Asia Pacific at Western Union. "Quick access to reliable digital payment infrastructures and nurturing trust amongst the consumer-base to use these platforms plays a significant role in achieving this successfully. We are excited to collaborate with NassWallet, bringing the power of international money transfers straight to devices of customers - without the need of a bank account. We look forward to working closely with them as we drive financial inclusion and enable even more digital money transfers across Iraq.”
NassWallet is constantly seeking new technology and partners to improve the way people in Iraq send money to families and communities back home with efficiency and transparency. As the world becomes increasingly interconnected, the partnership between NassWallet and Western Union empowers individuals, families, and businesses to navigate the global economy with greater ease.
Licensed by Central Bank of Iraq, NassWallet was established in 2019 as an innovative customer centric, convenient, powerful digital finance centre that lives on a customer’s mobile device. It is created to provide greater financial access to the largely unbanked but highly connected population of Iraq to make the leap from cash to a cashless society. Licensed as a Principal Visa member for Issuing and Acquiring in 2022. Additional information about NassWallet and its full line of products and services can be found at:www.nw.iq
NassWallet Media Contact Center: +964 750 550 5040