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Global money transfer app, WorldRemit, announced on Tuesday it has introduced its instant money transfer service in Nigeria. Nigerians can now use the online service to send money to friends and family to 140 locations by using a computer, smartphone or tablet.

The money transfer service is available to senders in more than 50 countries. According to a statement by the company, recipients can collect money instantly from 140 branches of Skye Bank. The WorldRemit app can be downloaded on android devices as well as iPhone and iPads.

Remittances from Nigerians living abroad hit $20.8 billion in 2015, making Nigeria the sixth largest recipient of remittances in the world, according to the World Bank’s Migration and Remittances Factbook 2016. WorldRemit customers currently make over 400,000 transactions every month.

The company says with WorldRemit, money can be sent to family members and loved ones like an instant message. The service does not require a visit to an agent. It can be done using the app on a sender's computer, smartphone and tablet.

“Gone are the days of queuing in line at a high-street transfer shop and waiting several days for a money transfer to arrive,” Ismail Ahmed, WorldRemit’s CEO & Founder. “At WorldRemit, we offer people a choice of the most convenient ways to send and receive money. Today, Nigerians can use our app or website to send money to a bank account or cash pickup location, instantly.”

In June 2015, WorldRemit was recognised by United Nations agency, International Fund for Agricultural Development (IFAD), for its contribution to the global money transfer industry. The company allows people to send smaller amounts, more frequently. WorldRemit says fees for transfers to Nigeria start at 0.95 euros (N206) and 0.99 pounds (N279).

Founded in 2010, the company received funding in 2014 from Accel Partners, an investment company that was an early funder of Facebook, Dropbox and Spotify. In 2015, WorldRemit secured a $100m investment, led by Technology Crossover Ventures (TCV).