MoneyGram partnered Japanese fintech to enable cross-border money transfers

The service is now live for consumers

MoneyGram

MoneyGram teamed up with Japanese fintech to enable cross-border money transfers. Source: ir.moneygram.com

MoneyGram International has announced a partnership with Digital Wallet Corporation, a global fintech company and Smiles Mobile Remittance owner, a major mobile money transfer service and digital wallet in Japan.

This means consumers in Japan can now use the Smiles mobile app to send money to over 200 countries and territories worldwide. It is powered by MoneyGram’s global payment rails and near real-time capabilities.

Partnering with leading fintech companies around the world is a critical component of our strategy, and we are thrilled to open our unique, global platform to one of the world's fastest-growing fintechs. An increasing number of companies are looking to leverage our core capabilities to quickly add services and scale, and we continue to get excited about increasing payment volumes through our network and creating meaningful processing revenue in the years ahead
Alex Holmes, MoneyGram Chairman and CEO

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