eSewa Money Transfer partners with Saudi Arabia-based Enjaz Payment Services Company

KATHMANDU: eSewa Money Transfer, the fastest growing digital-first remittance company under F1Soft Group, which has been providing remittance services to Nepal from more than 200 countries across the world has entered into an agreement with Enjaz Payment Services Company, which one of the leading financial companies in Saudi Arabia.

With this agreement, Nepalese living and working in Saudi Arabia can send remittances to Nepal through any of the 150 Enjaz Payment branches or using Enjaz App POS, Kiosks and web channels. Meanwhile, the beneficiaries in Nepal can receive remittances from more than 13,800+ dedicated remit agents, 100,000+ cash pick-up enabled wallet agent locations of eSewa Money Transfer, all major banks and financial institutions along with their branches.

Furthermore, this agreement gives Enjaz access to 7.5 million+ users of the eSewa wallet for direct remittance load to the wallet.

Amid the signing ceremony, the CEO of Enjaz, Khalid Al Zain stated, “We understand that eSewa Money Transfer is not just a standalone remittance company but a part of F1Soft Group that has institutionalized the digital payments ecosystem in Nepal through various groundbreaking fintech initiatives.

Being a Payment company having a deep-rooted belief in innovation and service excellence, we look forward to working closely with eSewa Money Transfer to provide transformative remittance services to the Nepali migrant population in Saudi Arabia and their families back home in Nepal.”

Speaking on the occasion, F1Soft Group’s Global Group President Biswas Dhakal stated “We are extremely delighted to be aside with such a prestigious institution like Enjaz and see tremendous growth opportunities in our mission to support a significant number of Nepalese working in Saudi Arabia by leveraging on Enjaz’s extensive network on physical as well as digital channels.”

Director of Group Strategy, Daniel D Shrestha and CEO of eSewa Money Transfer, Ajesh Koirala, were present during the special signing ceremony organized at Enjaz’s head office in Riyadh involving senior officials of both organizations.