Enjaz Fee Companies Firm has cast a partnership with cross-border cost supplier Thunes to allow Saudi Arabian clients to make prompt international transfers to financial institution accounts and digital wallets.
Saudi Arabia-based Enjaz permits its clients to now make prompt worldwide transfers to financial institution accounts and digital wallets throughout 130 international locations utilizing the Thunes cost community. To announce the partnership, a signing ceremony passed off on the Seamless Saudi Arabia 2022 convention held in Riyadh.
Thunes’ cost community permits transfers to 130 completely different international locations throughout the globe, protecting 79 completely different currencies. The community boasts over 180 million transactions processed in 2021. The corporate additionally highlights that 90 per cent of all transactions are accomplished in below half-hour. The partnership information brings higher freedom for Enjaz clients to switch cash worldwide.
The partnership comes shortly after Thunes’ introduced enlargement into Saudi Arabia. The cost community supplier launched partnerships with cash switch organisations (MTOs) corresponding to e-wallets service suppliers and banks. The corporate additionally defined that it anticipated extra partnerships to launch quickly after. Thunes’ partnership with Enjaz turns into the most recent because it continues its enlargement.
Simon Nelson, SVP for MENA at Thunes spoke on why the partnership is an efficient match. He defined: “I’m excited to kick off the partnership with Enjaz and assist their revolutionary cost providing and product imaginative and prescient. By connecting Thunes’ sturdy and in depth international cost community with Enjaz’s digital capabilities, we’re in a position to create a powerful synergy that advantages the communities, connects individuals to their households, and supply a a lot–wanted service to residents and residents of Saudi Arabia.”
Partnership with Thunes a giant step for Enjaz
Enjaz’s goal is to create a quick, handy and cost-efficient remittance expertise. By way of partnerships with correspondents and MTOs; it ensures clients can switch cash to over 200 international locations immediately. The corporate is licensed by the Saudi Central Financial institution.
Khalid Al Zain, CEO of Enjaz, stated: “We’re excited to see this collaboration go reside, permitting clients to ship cash to any a part of the world immediately and effectively.
“In pursuit of our shared purpose to offer a frictionless expertise when shifting cash globally, we’re dedicated to our clients in delivering essentially the most revolutionary technology-led monetary options.”
The funds providers firm operates over 150 Enjaz centres in over 60 cities through which clients can carry out transactions. It additionally presents greater than 200 self-service kiosks and 200 level of gross sales. In addition to bodily places, it additionally permits clients to carry out transactions via the Enjaz App. The app presents end-to-end digital onboarding and creation of wallets.
Enjaz additionally presents cost playing cards and utility invoice funds, supported by a 24/7 contact centre and eight languages.
