EazzyTranzact Secures MSB License in Canada, Strengthening Global Financial Presence

 
Mary Nnah

 
EazzyTranzact, a leading digital payment solutions provider, has marked a significant milestone by obtaining its Money Services Business (MSB) license in Canada. This highlights the company’s dedication to regulatory compliance and solidifies its position as a global leader in the financial technology industry. EazzyTranzact is a user-friendly cross-border remittance platform designed to transform money transfers to Africa, helping to bridge the financial gap and promote economic growth for individuals and communities across the continent.
 

Issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the MSB license empowers EazzyTranzact to engage in a diverse range of financial activities, including currency exchange, funds transfer, and payment processing. The exponential growth of e-commerce and digital trade has significantly heightened the demand for robust payment solutions, emphasizing the pivotal role of secure payment infrastructures like EazzyTranzact. According to the United Nations, remittance flows to Africa doubled over the last decade, reaching $100 billion in 2022. In several African nations, remittances constitute over 20% of the Gross Domestic Product (GDP), underscoring their critical economic importance.

 
Dr. Olusanya Olumide Adeniran, Founder and CEO of EazzyTranzact, commented on the company’s Money Services Business (MSB) license in Canada, stating, “We are thrilled to expand our presence with the MSB license in Canada, enabling us to enter a vibrant and expanding market. With EazzyTranzact, individuals can seamlessly send money from Canada to Nigeria, Kenya, and other African countries through our transparent and regulated service. Our commitment to efficient offshore remittance to Africa drives our ambition to excel globally.”
 
EazzyTranzact streamlines international remittances by eliminating traditional barriers and offers competitive rates, ensuring enhanced savings for customers in Canada, the UK, the US, and Nigeria. Tailored to provide a straightforward and seamless experience for cross-border money transfers and payments to merchants worldwide, the platform aims to make global financial transactions accessible, affordable, and equitable for African users. It offers two unique products: EazzyTranzactBusiness and EazzyTranzactPersonal.
 
EazzyTranzactBusiness provides business owners with local details for 10 different currencies, expediting payment processes through smart invoicing, seamless money collection, and secure banking partnerships. EazzyTranzactPersonal, on the other hand, empowers individuals to make international payments efficiently, facilitating transactions for goods, services, and licenses abroad, as well as supporting financial activities like salary collection, pension payments, and vendor transactions in local currencies through dedicated card services.
 
With a growing number of businesses and individuals benefiting from EazzyTranzact, the company remains at the forefront of facilitating seamless, secure, and affordable global transactions, promoting financial inclusion and strengthening cross-border connections.

 
EazzyTranzact is a one-stop shop for all international money transfers. Customers can send money across borders and make payments to merchants or vendors safely anywhere in the world without hassles. With EazzyTranzact, your money is safe and secure. We provide a simple and hassle-free solution for sending money to Africa from anywhere in the world, including China.

 
With our user-friendly interface, sending money across borders has never been easier. All you need is an internet connection and a few clicks, and your payment will be on its way. No more endless paperwork, long lines, or hidden fees. Just quick, reliable, and affordable cross-border transactions.
 
For more information about EazzyTranzact, interested persons can visit the EazzyTranzact website.