- Tranglo expands its services to Oman, Qatar, and Bahrain to meet rising remittance demands in the GCC.
- Over 31 million migrant workers can now access near-instant cash pick-up services in local currencies.
- The expansion builds on Tranglo’s 2023 UAE launch, enhancing financial access for cross-border payments.
Tranglo Expands into the GCC Region
Tranglo, a leading cross-border payment hub, has expanded its operations into the Gulf Cooperation Council (GCC) region, now offering services in Oman, Qatar, and Bahrain.
This strategic move directly addresses the growing demand for efficient remittance services in the GCC, a critical region in the global remittance market.
Serving 31 Million Migrant Workers
By expanding into these countries, Tranglo now provides payment solutions to over 31 million migrant. Workers, primarily from South and Southeast Asia, who depend on remittances to support their families.
With this launch, workers can also access Tranglo’s cash pick-up services. The services are enabling near-instant collection in local currencies: Omani Rial (OMR), Qatari Riyal (QAR), and Bahraini Dinar (BHD).
Building on UAE Success
This expansion builds on Tranglo’s 2023 entry into the UAE, where users can directly transfer money to bank accounts. It is also offering another layer of convenience and speed for remittances.
In the GCC region, millions of migrant workers rely on safe and affordable cross-border payment services, and Tranglo’s latest venture reinforces its commitment to meeting these needs.
Tranglo Commitment to Financial Inclusion
Additionally, Tranglo’s new presence in Oman, Qatar, and Bahrain showcases its efforts to build a more inclusive financial system.
With a unique remittance landscape, the GCC also plays a pivotal role for migrant workers, and Tranglo aims to make cross-border payments simpler, safer, and more affordable.
Enhancing Financial Access
The company’s expansion into these markets will help streamline financial access for millions, ensuring that more workers can send money home with greater ease.
Furthermore, this move reflects Tranglo’s dedication to strengthening its services in regions where fast, cost-effective remittance options are vital.
By prioritizing innovation and user-centric solutions, Tranglo continues to enhance its role as a key player in the global remittance space.
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