OhentPay, an international payments service has officially launched its remittance-focused product in over 30 countries in Europe. This opens up the product to enable millions of Nigerian migrants in these countries to be able to send money to their friends, family, and loved ones back home.
With the OhentPay app, users can now send money from the United Kingdom, Germany, Austria, Belgium, Bulgaria, Cyprus, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain, Sweden, Croatia, Czech Republic, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, and Romania. This launch allows users to send funds directly to the bank accounts of their friends and family in Nigeria.
OhentPay provides an easy way to send money across borders and focuses on providing the best exchange rates for its users. This enables users to get the best value for their money – an important aspect of remittance payment, especially for Nigerians and Africans who migrated from countries with very volatile currencies.
According to statistics, a challenge faced by many African immigrants is finding reliable and cost-effective ways to send money back to their loved ones back home. Illustrating the scale of this challenge faced by Africans in the diaspora, global migrant remittances reached a staggering $626 billion in 2022. OhentPay addresses this challenge by providing a simple solution for cross-border money transfers, with a primary focus on delivering the most favourable exchange rates.
With its mission to make cross-border financial transactions hassle-free and accessible, OhentPay’s European launch is poised to set a difference by eliminating exorbitant fees, unfavourable exchange rates and transaction delays on international payments. OhentPay stands out by offering other benefits which include seamless transactions, 24/7 customer support, and efficient security measures.
Emmanuel Ogbodo, founder and CEO of OhentPay, highlighted the significance of the European expansion for the company and its users.
“This marks a pivotal moment in our mission to enhance international payment accessibility. With this expansion, we’ve created opportunities for Nigerian migrants across the rest of Europe to effortlessly send money back home, based on our success in the United Kingdom.”
“Remittances are an important source of foreign exchange for the continent, and migrant workers play a pivotal role in making these remittances happen. We are excited about the upcoming developments for our users. And, there are many exciting things in store!”
To download the OhentPay app on the Google PlayStore or Apple Store, visit here.