Earthport, (AIM listed: EPO), the largest open network for global bank payments is pleased to announce that it has signed an agreement with Continental Money Transfer (CMT) a 24×7 provider of payments across borders, with secure online money transfer solutions. CMT has enhanced its international payments service through partnership with Earthport and will access a one-stop-shop for disbursing payments to multiple beneficiaries in any currency.

In conjunction with local financial institutions and mobile network operators in the receiving destinations, CMT delivers funds into mobile wallets, bank accounts, bill payment accounts, in addition to cash pick up at any CMT agent. Senders can fund their money transfer with a credit card, debit card, bank account or mobile wallet. CMT customers gain unrivalled exchange rates matched with competitive fee structure, international airtime top-up and online purchase services.

Traditional cross-border payments are inefficient today and Earthport is transforming the future of cross-border payments, satisfying the need for fast, cost efficient, transparent and reliable payments.

“We take pride in building strong relationships with customers who value our commitment to them and the communities we serve. We constantly work to improve and expand our money transfer services around the world. Earthport brings us one connection point to the largest open network for global bank payments, with integrated, sophisticated, validation and compliance services. We shall deliver enhanced solutions to our clientele to support their global trade, digital commerce and remittance transactions,” said Mr Njuguna Kirubi, CEO, CMT