This strategic merger between the two companies is expected to not only intensify market competition but also provide a comprehensive and convenient service to the users.TAG_OPEN_p_22
After this merger, the newly formed organization aims to expand its service cover and reach digital payment to all urban and rural areas of the country. Citywallet, which was building a strong presence in urban areas over the past few years and fast money which had a strong foothold especially in remittances and fast transactions, is now being served by a single platform.
According to the company officials, after the merger, users will be able to use bill payment, mobile recharge, fund transfer, QR payment, remittance service and other services through the unified app.TAG_OPEN_p_20
is believed to save users time and make the transaction process more secure and efficient. g.