WorldRemit has launched its digital money transfer service in Nevada, making it the 48th state in which the company’s service is available.
The launch will enable customers in Nevada to transfer money to more than 140 destinations across the globe.
WorldRemit said that users can transfer money as easily as sending an instant message by using its mobile app or website.
WorldRemit head of Latin American Erick Schneider said: “Nevada is a richly diverse state and reflective of the inclusivity that WorldRemit strives for. As remittances from the U.S. to Latin American countries continue to rise, we are proud to equip the large Hispanic community and migrants from around the world in Nevada with the safest and most efficient way to send vital funds to their loved ones.”
WorldRemit founder and CEO Ismail Ahmed said: “Millions of people from abroad work hard in the U.S. and contribute to the economy, sending remittances to support their relatives overseas. Likewise, families all over the world rely on these payments from people working in the U.S.
“Whether the migrant is first generation or fourth, we want to be there for them as they look to help and support their friends and family with a safer, faster and lower cost transfer method,” Ahmed added.
According to the World Bank, the United States is the world’s biggest sender of remittances, totaling almost $56.3bn each year. Of Nevada’s nearly three million residents, one in five is a migrant.