Sentence examples for money agent from inspiring English sources

The money agent needs an office in London, say, to collect the cash and take details of the person sending it, and another in the destination country to hand over the money.

Kenya is a regional leader in access and use of financial services, with 77% of the population living within 5km of a commercial bank or mobile money agent, according to a recent report published by Kenya Financial Sector Deepening.

Recipients typically receive an SMS alert and then collect cash from a nearby mobile money agent.

A GiveDirectly director in Uganda had colluded with the local money agent to convince recipients that part of their cash was being withheld to cover higher costs of SIM cards.

They used 2,625 money agents to do so, mostly through grocers, bakers and other small immigrant shops.

With a rudimentary cellphone, M-Pesa users can send and receive money through a network of money agents, including cellphone shops.

Nambuwani Wasike, research associate, Financial Sector Deepening (FSD) - Kenya, Nairobi, Kenya Real world, non-digital agents are important: The mobilisation of mobile money agents is extremely important for a successful deployment.

Ferrara's team started collecting information at disembarkations and migrant-reception centers, and before long they had the phone numbers of drivers, hosts, forgers, and money agents.

Of the total number of financial access points, "mobile money agents represent 75%", a statistic partly explained by the success of M-Pesa.

He insisted that Brontvein didn't even have a chance to react when a torpedo showed up at his office uninvited and handed him money; agents burst in to arrest him that very moment.

Given the fast-spreading, low-cost network of mobile money agents, this method of payment could be the next big revolution in banking services for poor people in remote communities.