Anam Mobile and TR2 Communications have launched a new service that will allow global money transfers via SMS. Anam has partnered with TR2 Communications who are providing the cash transfer application to add to Anam’s portfolio of value-added SMS services.
To send money a user writes an sms that begins "#cash" followed by the amount to send, then selects the person they want to send it to from their address book. The money is transferred once pin-checked and once complete a text message confirmation is received. The recipient of the transfer receives a text message to tell them they have been transferred money.

The money transfer service is available immediately for all global operators and Anam will offer a full consultative approach to create a smooth roll-out of the service to subscribers.

Mobile phones have become an accessory that consumers must have and cannot afford to leave behind at home. At the same time, there is an increasingly global workforce as people move to other countries in search of work. The combination of these two factors means that SMS Money Transfer is the ideal application to allow users to send money ‘home’.