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Zimbabwe’s Remittance Landscape Gets a Boost with TX Money Transfer Launch

Zimbabwe's Remittance Landscape Gets a Boost with TX Money Transfer Launch
Lucia Chingwaru the TX Money Transfer Executive Director

BARD Santner Incorporated, a local financial intermediary firm that specializes in asset management, corporate finance, and wealth management, announced the launch of TX Money Transfer, a new money remittance platform. The platform promises a new value proposition based on “reliability, transparency, and efficiency.”.

TX Money Transfer stated that their primary focus is on reliability, ensuring that sent funds are easily accessible for collection, and transparency.

Ms. Lucia Chingwaru, the company’s executive director, announced that they are working together with established industry partners to pinpoint and address inefficiencies that hinder the efficiency of their payment collection processes.

“One of the biggest challenges in remittance is ensuring smooth collection, often referred to as the ‘last mile’ problem,” Ms. Chingwaru said.

Zimbabwe's Remittance Landscape Gets a Boost with TX Money Transfer Launch

TX Money Transfer executives image credit Tsitsi Betha

“TX Money Transfer is committed to tackling this issue by partnering with established remittance providers. This collaboration will create a wider network of collection points and improve efficiency for all involved,” she said.

Ms. Chingwaru said those in the sector can create a brighter future for money transfers in Zimbabwe through collaboration, innovation, and a shared commitment to excellence.

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From Harare, the launch roadshow will move to Bulawayo and other main cities around the country.

As part of its engagement and marketing drive, TX will be offering mouth-watering gold coin prizes worth US$100 000 until the end of the year through raffle draws. The first one was done at Africa Unity Square yesterday.

 

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