UAE Business: e& expands tie-up with MoneyGram to send and receive money – Gulf Digital News

UAE Business: e& expands tie-up with MoneyGram to send and receive money – Gulf Digital News

e& and MoneyGram International have expanded their tie-up enabling e&'s fast-growing customer base of 160 million to send and receive money through mobile wallets across its footprint in near real-time.

e& is one of the world's leading technology and investment conglomerates and MoneyGram is a global leader in the evolution of digital peer-to-peer (P2P) payments.

In the UAE, e& money, the fintech arm of e& life has been partnering with MoneyGram for international remittance service. This agreement solidifies e&'s global aspirations across its other markets to offer customers the most inclusive financial services powered by a seamless experience.

Wallet-to-wallet proposition

Through mobile wallet app customers in e& international markets can send and receive money globally quickly and effortlessly due to the efficient transactional process offered by MoneyGram. The wallet-to-wallet proposition also amplifies a seamless digital financial experience, given the rapidly evolving customer payment behaviours and the accelerated adoption of contactless payment solutions.

Mikhail Gerchuk, CEO, e& international said: "As more people across the world embrace digital financial services, we are continuously seeking new ways to empower our customers with the best solutions, and embark on value-adding partnerships that help them to access financial services quickly and easily. International money transfer is a crucial service that