Shoprite Lesotho cross-border remittance product reaches $70 mln

Source: ITNews Africa Edited by Daniëlle Kruger Follow Daniëlle Kruger on Twitter The Shoprite cross-border money remittance product reached the R1 billion mark in January, roughly 70 million USD, after just three years of it being implemented between SA and Lesotho. The cost of a transfer of R900 is 2%, which is one of the cheapest cross-border…