It will leverage its new funds to expand to new countries. The service would have seen a 5-fold growth in 2020 alone. It would have allowed hundreds of millions of dollars in transfers. Expanding its services: TapTap Send does not communicate much about its numbers, but it seems that the application currently has over 100,000 active users per month.The FinTech is the third entrepreneurial achievement of Michael Faye, a development economist who previously worked for the United Nations. The overall costs of these services must also be reduced by 2030. Making remittances more accountable: The UN has set a goal that prices and fees for remittances should not exceed 3% of the total sent from any service.a fixed fee of 3 euros per transaction for shipments to Mali.a fixed fee of 2.50 euros per transaction for shipments to Cameroon and the Republic of Congo,.a fixed fee of 2 euros per transaction charged on shipments to Senegal and the Ivory Coast,.free service to Bangladesh, Ghana, Guinea, Kenya, Madagascar, Morocco, Democratic Republic of Congo, Sri Lanka, Vietnam and Zambia,.In terms of pricing, the FinTech is counting on.According to TapTap Send, 90% of transfers are made in less than 5 minutes and the service is presented as instantaneous.The latter can receive the funds sent via TapTap Send on mobile money accounts and wallets offered by local telecom operators such as MTN, M-Pesa or Orange for example.
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