By Sabela Ojea

Wameja Ltd. said Monday that its average transaction value increased in the second quarter when compared with the previous quarter.

The venture partner with Mastercard Inc. in the HomeSend global payment hub said reduced traffic across several lower average transactions was replaced with increased volumes via a higher average transaction value.

The company also said that HomeSend's percentage of payments terminating to a bank account improved over the previous quarter.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

July 05, 2021 04:32 ET (08:32 GMT)

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