What is Zepz? Zepz Review, Features

Zepz , formerly known as WorldRemit, is a P2P online cross-border transfer service provider that can provide users with convenient online cross-border transfer services.

About Zepz

• Zepz was founded in 2010 as WorldRemit and is headquartered in London, UK. It is an online remittance service provider that helps people send money to friends and family living abroad. The company's software provides international transfers to mobile money accounts, where the customer's phone number acts as a bank account to hold funds, allowing users to send money conveniently and securely at low fees.
• On August 23, 2021, WorldRemit, a UK-based cross-border mobile payment company, raised $292 million in primary financing at a valuation of $5 billion and changed its name to Zepz.

Zepz Business

WorldRemit, a Zepz brand, offers a fast and secure way to send money anywhere, anytime. Users can download the free app, send money online to over 130 other countries in minutes, track payments and view transfer history.

Features

• 95% of transfers are completed within a few minutes
• Use industry-leading technology to protect funds
• Offers better exchange rates and lower fees than most traditional banks

Online remittance methods

1. Bank transfer

Log in or register for a WorldRemit account (it only takes 2 minutes to create an account); select the country and amount to send to; enter the recipient's details (name, address, phone number) and bank details (bank name, IBAN number and SWIFT code); pay for the user's transaction.

2. Cash pickup

WorldRemit allows people to send money to anywhere in the world, and recipients can pick up the money from a wide range of locations.

3. Mobile money

Mobile money is an electronic wallet service. Users use their mobile phones to store, send and receive funds. The secure and easy electronic payments make mobile money a popular alternative to bank accounts, and it can be used on smartphones.

4. Mobile phone and telecommunications top-up (Airtime top up)

Mobile top-up is a service that allows you to buy mobile airtime (minutes) and internet data packages for your mobile phone elsewhere in the world. Mobile top-up can usually be used for calls, SMS/text messages, data access and other mobile services. This top-up is usually available within minutes of payment, but is not available in all areas. Some countries impose taxes on top-ups. WorldRemit, Small World and Xoom offer mobile top-up services.