Moneygram gets nearly $13.4 billion in annual remittance outflows
Moneygram teams up with Korean fintech. Source: shutterstock.com
MoneyGram International has announced a collaboration with E9Pay, Korean money transfer and payment company.
This way, E9Pay’s customers can easily connect to the MoneyGram platform and distribution network in more than 200 countries and territories.
According to a statement, their integration will particularly benefit consumers who send money between main corridors for E9Pay. They include Southeast Asia, Russia, and the Commonwealth of Independent States (CIS).
The new partnership with E9Pay follows other successful MoneyGram collaborations in the region. Earlier, it has partnered with Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, and Sentbe.
We’ve reported that MoneyGram launched MoneyGram FastSend service. It enables users to send money instantly to their friend’s mobile phone numbers via the MoneyGram website and mobile app.
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