eSewa Money Transfer partners with Qatar-based Alfardan Exchange

KATHMANDU: eSewa Money Transfer, 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 with Alfardan Exchange, a leading remittance company based in Qatar.

With this agreement, Nepalese living and working in Qatar can send remittances to Nepal by reaching out to all 16 branches of Alfardan Exchange or they can use a mobile application.

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, major banks, and financial institutions, along with their branches, and directly into beneficiaries’ eSewa wallet.

The agreement was signed between Mr. Ajesh Koirala, CEO of Esewa Money Transfer, and Mr. Bashar Mohd Al Waqfi, General Manager of Alfardan Exchange. With this agreement, Alfardan Exchange will utilize the broad network of the eSewa ecosystem in Nepal.

Speaking on partnership, the CEO of Esewa Money Transfer, Mr. Ajesh Koirala stated that, as a significant number of Nepalese reside in Qatar, this remittance partnership will make it easier to send the money to Nepal quickly and securely. He added, “We are extremely delighted to be partnering with such a prestigious institution like Alfardan and explore tremendous growth opportunities in our mission to empower significant number of Nepalese working in Saudi Arabia by leveraging Alfardan’s extensive network on physical as well as digital channels.

General Manager of Alfardan Exchange, Mr. Bashar Mohd Al Waqfi stated, “Together with Esewa Money Transfer, we’re making it easier for people in Qatar to send money to Nepal. We’re confident that our advanced payment system and quick processing, combined with sharing knowledge with eSewa Money Transfer, will make money transfers to and from Nepal faster and more affordable.”

eSewa Money Transfer is the leading digital remittance company in Nepal that offers remittance payment services to Nepalese around the world.

The service offerings are comprised of more than 13,800+ dedicated remit agents, 100,000+ cash pick-up enabled wallet agent locations of eSewa, major banks and financial institutions, and their branches.

Also, with access to 7.8 million+ eSewa mobile wallet users and any bank & financial institutions, 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 20 million population and 130,000 entities across the country through innovative fintech-based payment services.