Fidelity Bank Launches 'Fidelity Send' for Enhanced Cross-Border Payments
Fidelity Bank Plc, a major Nigerian financial institution, has launched a new cross-border payment solution called "Fidelity Send" in collaboration with Mastercard. This initiative is designed to simplify and improve international transactions, making them faster, more reliable, and more transparent for individuals and businesses alike.
Key features of the new system include:
Partnership with Mastercard: "Fidelity Send" leverages Mastercard's extensive global network to ensure secure and efficient international transactions.
Broad Coverage: The platform allows customers to send money to over 60 countries, including key destinations such as the UK, USA, Canada, China, India, and Ghana.
Flexible Delivery Options: Users have the flexibility to send funds directly to a recipient's bank account or e-wallet, or for cash pickup.
Speed and Convenience: The service offers near real-time transfers, making it a suitable option for urgent payments and remittances.
High Transaction Limits: The platform supports transactions up to $9,999 per single transfer.
Driving Financial Inclusion: The service is specifically aimed at simplifying cross-border payments for Nigerians, including those living abroad, and promoting greater financial inclusion.
I'm Aisha shehu
Talksocialtalka News
