MoneyGram expands mobile remittance network


Posted by on April 23, 2010  /  1 Comments

MoneyGram International has announced the expansion of its mobile money transfer service to approximately 40,000 agent locations in the United States. The expansion follows its pilot program offered from select California and Hong Kong agent locations to 40 million Philippines SMART phone users. It has recently expanded its network in Vietnam 30 Percent as two major banks began mobile remittance services at nearly 400 locations.

MoneyGram joined forces with SMART Communications in December and began the pilot phase of its MoneyGram mobile money transfer services to deliver funds from a MoneyGram agent location direct to any SMART Money account. Mozido, a mobile technology provider, supplies the transaction services to link MoneyGram’s services to SMART mobile phones. More here.

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