Esewa Money Transfer & Enjaz team to offer payment services for Nepalese in Saudi Arabia

By Delisha Fernandes

Esewa Money Transfer, a digital-first remittance company under F1Soft Group, which brings inward remittance in Nepal from 200+ countries globally, has entered into an agreement with Enjaz Payment Services Company, a financial company in Saudi Arabia.

With this agreement, Nepalese in Saudi Arabia can remit through 150 Enjaz branches or the app to beneficiaries in Nepal via 13,800+ remit agents, 100,000+ Esewa Money Transfer locations, banks, and institutions. This agreement gives Enjaz access to 7.5 million+ Esewa wallet users for direct remittance loading.

Khalid Al Zain, CEO of Enjaz, stated, “We understand that Esewa Money Transfer is not just a standalone remittance company but a part of F1Soft Group that has institutionalized the digital payments ecosystem in Nepal through various groundbreaking fintech initiatives. Being a Payment company having a deep-rooted belief in innovation and service excellence, we look forward to working closely with Esewa Money Transfer to provide transformative remittance services to the Nepali migrant population in Saudi Arabia and their families back home in Nepal.”

Enjaz Payment Services Company provides financial services via the most advanced FinTech methodology in the market. Enjaz offers a full suite of diversified and innovative financial solutions in the area of digital and physical channel payments.

Biswas Dhakal, F1Soft Group’s Global Group President, stated, “We are extremely delighted to be associated with such a prestigious institution like Enjaz and see tremendous growth opportunities in our mission to support a significant number of Nepalese working in Saudi Arabia. We will leverage Enjaz’s extensive network on physical as well as digital channels.”