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Considering the unique role of postal operators in the remittance market, with their 150 years of commitment to public service, the Universal Postal Union (UPU) invited its member countries to engage in the IDFR 2020 campaign “Building resilience in times … Read more
Kasozi and Wilfried, farmer and student respectively, both share their experiences on receiving remittances at the rural post office in Uganda. Thanks to a partnership between IFAD, PostBank Uganda and Posta Uganda, they now have direct access to the remittances … Read more
Digi Post Bank: Tunisia’s best mobile app of the year triggering DFS More than 50% of the Tunisian population banks at the post office, using the wide network of post offices in rural areas and digital solutions. The Post delivers … Read more
Azerpost: Postpay e-wallet expands DFS in rural Azerbaijan, linking remittances with financial inclusion Azerpost precipitates on its journey becoming a national access infrastructure for digital and physical financial services. Guided by World Bank programs, the 1,600 post offices already deliver … Read more
The COVID-19 pandemic prompted governments to reaffirm post offices as their infrastructure for delivery of essential services to the population at large, including the vulnerable, elderly and those in outlying rural areas. Among other services, this provides an important contribution in … Read more
Pakistan Post digitizes through strategic alliance and franchising: linking fast migrant remittances from anywhere in the world to anywhere in rural Pakistan. Pakistan Post concluded in June 2020 a strategic partnership with Habib Bank – a leading bank in Pakistan … Read more
The digitalization of the remittances industry, led by new digital MTOs is set to drastically disrupt the $466 billion money transfer industry currently dominated by the traditional MTOs and banks in Africa. By improving the speed and lowering the cost of … Read more
The following is a statement from the Director General of the Universal Postal Union, Bishar A. Hussein: “I regret to inform you that, due to the global impact of the COVID-19 pandemic, the Universal Postal Union and its partner, the … Read more
The lockdown has set off a banking revolution. Irrespective of which bank you have an account with—in a city or a village without a branch—you can call the local post office and ask it to deliver cash. In as little … Read more