DALLAS, Nov. 16, 2015 /PRNewswire/ -- With exorbitant money transfer fees incurred by the African diaspora in the U.S.A. to send money to their loved ones, Ping Express (www.ping-express.com), a money transfer service is excited to provide a simple affordable, convenient and secure way to send money instantly for free*, eliminating the exorbitant money transfer fees. Using the Ping Express mobile application or website www.ping-express.com, Nigerians living in the U.S.A. can send money to any bank account or buy mobile phone airtime in Nigeria instantly for free*. Ping Express (www.ping-express.com) charges lower transfer fees than Western Union (WU) and MoneyGram (MGI) and there are no hidden fees for money transfers to Nigeria.
"We at Ping Express are excited about the launch into Africa's largest economy," said Anslem Oshionebo, President and co-founder of Ping Express. "It is awesome to be in a position to provide an alternative that will benefit Nigerians to support their loved ones, by guaranteeing better exchange rates and low transfer fees. There are many families who depend on support from their loved ones, and being in a position to provide a platform that allows such transactions to be completed in a convenient manner while putting more money in their bank accounts is a significant milestone. Ping Express does not only provide a superior service, it provides a lifeline to many. Our service enable immigrants to help themselves, by sending money to support family and friends to buy food, medicine and pay for education."
Nigerians living in the U.S.A. with a bank account, debit card will be able to use the Ping Express app from any mobile phone, tablet or computer. Transfers made using Ping Express are instantly credited to recipients' bank accounts eliminating the inconvenience of queues and unnecessary paperwork. A short message service (SMS) notification is sent to both the sender and receiver after successful delivery of the transferred money. The service will gradually be rolled out to cater for other diaspora nationals.
Ping Express guarantees daily locked-in exchange rates for the Nigeria Naira (NGN). The Ping-Express app can be downloaded for free from the Apple or Android app stores. Visit www.ping-express.com for more information.
About Ping-Express: Ping-Express is a technology platform transforming the global money remittance space. With a focus on simple, affordable and convenient service. Ping Express uses disruptive technology to make it possible for users to send money to loved ones or vendors in diaspora, from wherever they are at any time of day or night. Headquartered in Dallas, TX. U.S.A., Ping Express can be found online at www.ping-express.com or on social media handles www.facebook.com/pingexpress and Twitter handle #thepingexpress!. Ping Express is a licensed money transmitter in the States of Maryland, Texas and District of Columbia, and is also in the process of expanding to more states in the US.
*Free transfer for transactions less than $150.
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SOURCE Ping Express