CONTACT system has expanded its presence in Africa
CONTACT system has substantially increased its service points’ network of money transfers repayment in the popular tourist areas of the African continent.
In March 2012 the number of CONTACT offices, working for the repayment of remittances has reached 4600 points in Morocco, 593 in Nigeria, 84 in Tunisia, and 9 in Kenya. In addition, CONTACT clients now can also receive money transfer system in such countries as Egypt and the Democratic Republic of the Congo. The whole network of CONTACT system on the African continent has about 5600 service offices.
«Wide availability of CONTACT services in Africa, of course, will reveal the potential of cross-border money transfers between system participants and this continent, as well as accelerate the spread of civilized channels to send money, revealing their ability to millions of tourists annually visiting this part of the world - said Olga Neudakhina, Head of Department of Key Clients in far abroad countries of RUSSLAVBANK, the System’s operator. - Significant expansion of CONTACT offices infrastructure in Africa are just a beginning of new phase of system’s development. During the 2012 CONTACT plans to hold large-scale transformation of its network in foreign countries. In the near future System will continue to expand its presence in Asia and Eastern Europe».
CONTACT system was founded in 1999. System Operator is RUSSLAVBANK (CJSC). General License of Bank of Russia № 1073. CONTACT system laid the foundations of the russian market of money transfers. Currently CONTACT unites more than 900 financial institutions in Russia, CIS and foreign countries, which form a network of more than 205,000 service points, including payment terminals in over 100 countries. CONTACT partners in payments are more than 850 legal entities - banks, trading companies, insurance and tourism companies and their agents, Internet service providers, telecom operators and other service systems. Annually millions of customers around the world send and receive money transfers via CONTACT system. In 2011, CONTACT system has won the nationwide contest "Brand № 1 RUSSIA 2011" in category "remittances."
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