HomeSend

remittancesnetwork settlement

FOUNDING YEAR: 2014
LOCATION: Belgium
Last Update: 01/05/2020

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About

HomeSend is a leading player in the revolution to transform the way funds flow cross-border. It is designed to work with banks, mobile money operators, money transfer organizations and more helping them modernize the way they make and receive cross-border payments so they can provide a better service to their end-users.Our backbone is our comprehensive global network which enables paying Financial Institutions (banks, mobile money operators, money transfer organizations and more) to transfer funds to receiving Financial Institutions in a way that is safe, swift, and cost-effectiveHomeSend is a joint venture of Mastercard (majority shareholder) and Wameja that specializes in cross-border payments.

MEDICI Analysis

HomeSend is a joint venture created by MasterCard, eServGlobal and BICS that enables B2B cross-border and cross-network value transfers through a single connection. It also enables consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets

Focus

PRODUCTS & SERVICES

Payment service platform for cross border businesses

EXISTING PARTNERSHIPS

Partnered with JazzCash that enables users to receive international remittances directly into their mobile accounts.

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