year | 2019

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Shoprite Lesotho cross-border remittance product achieves R1...

The Shoprite cross-border money remittance product reached the R1 billion mark in January, after just three years of it being implemented between SA and Lesotho. The cost of a transfer of R900 is 2%, which is one of the cheapest cross-border products in the world. A remittance is when a person sends money, usually small […]

SADC Payments and Remittances
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Shoprite Lesotho Cross-border remittances

Media release:Shoprite Lesotho cross-border remittance product achieves R1 billion mark The Shoprite cross-border money remittance product reached the R1 billion mark in January, after just three years of it being implemented between SA and Lesotho. The cost of a transfer of R900 is 2%, which is one of the cheapest cross-border products in the world. […]