Nigeria's Paga, a mobile payments company, have announced that they have entered into a partnership with MFS Africa, a pan African company that provides a gateway for the sending of money to mobile wallets. The partnership will allow Paga users and Nigerian bank account holders to receive remittances from around the world.
This means that anyone with a Paga wallet will be able to receive money transfers from other mobile money users across the continent or from any money transfer operator connected to the MFS Hub, said Paga in a statement.
"Together with MFS Africa, Paga is linking millions of mobile wallet users and bank account holders for seamless transactions across networks and across borders," said Jay Alabraba, co-founder and Director of Business Development at Paga.
Alabraba added that the partnership with MFS Africa will make it easier for Nigerians in the diaspora to send money back to the West Afrikan country and enable them to pay directly for utility bills, goods and services.