KATHMANDU: Esewa Money Transfer, a remittance company under F1 Soft Group, which has been providing digital remittance services to Nepalese from more than 200 countries across the world and also providing domestic remittance services, has expanded its domestic network with eSewa’s agents/cash points also now providing remittance pick-up services.
With this, along with more than 10,000 cash pick-up counters of Esewa Money Transfer, more than 1 Lakh eSewa’s agents/cash points will also be providing international cash pick-up services of Esewa Money Transfer.
Similarly, agents/cash points of eSewa wallet will also oversee Esewa Money Transfer’s domestic remittances pay out/withdraw activities. Also, more than 50 lakhs eSewa wallet users can send domestic remittance by using the remittance services of Esewa Money Transfer and also can receive Rs. 77 instant bonus upon receiving international remittance in their eSewa wallet instead of reaching out to the cash pick up counters.
According to Esewa, established in 2009, eSewa is a household name today. South Asia’s first digital wallet, licensed Payment Service Provider from Nepal Rastra Bank (Central Bank of Nepal), and an ISO 27001:2013 certified, eSewa is a subsidiary company of F1Soft International, a leading FinTech company of Nepal. Team eSewa has been working tirelessly to achieve its vision to create a cashless economy. For this, the company has onboarded more than 150k merchants, 60+ Banks and Financial Institutions (BFIs) and established a wider network of agents nationwide.
“Esewa Money Transfer is one of the fastest-growing remittance companies in Nepal that offers a blended model of world-class remittance services to Nepalese around the world. Our service offerings are comprised of traditional agent-based remittance services with 10,000+ strong cash pick-up counters along with more than 1 Lakh eSewa agents/cash points coupled with a host of non-traditional, digital modes of transfers with access to 5 million+ eSewa mobile wallet users and bank accounts of 60+ different banks, where sending and receiving money is as easy as giving a few taps on a mobile phone. Incorporated in the year 2019 and licensed by Nepal Rastra Bank under foreign exchange regulation, eSewa Money Transfer is a part of F1soft Group that has been empowering more than 11 million population and 100,000 entities across the country through innovative fin-tech based payment services,” says Esewa.