UAE’s e& expands its strategic partnership with US-based MoneyGram

UAE’s e& expands its strategic partnership with US-based MoneyGram

UAE-based biggest multinational telecommunications services provider, e& and American cross-border peer-to-peer (P2P) payments and money transfer company MoneyGram International have expanded their strategic partnership to more countries in order to enable about 160 million customers to use their services.

The company said in a statement that the service is now live throughout Saudi Arabia, the UAE, and Afghanistan with Egypt, Pakistan, and several other markets in Africa expected to launch in the next few months.

The expansion enables e& international’s large and fast-growing customer base to use the e& money mobile wallet to send money around the world in near real-time.

Mr. Mikhail Gerchuk, CEO of e& International said that, “International money transfer is a crucial service that enables our customers across our footprint to send and receive money from their families, given the large expat population living in the markets where we operate.”

Khalifa Al Shamsi

CEO – e& life “We have always aimed to revolutionize customer experience through innovative solutions that help meet the financial needs of our customers. The strategic partnership with MoneyGram has been enabling us to continue building this solid foundation of growth, adding to the array of financial products and services that enhance and add value to our customers’