Published On: Wed, Oct 21st, 2015

MoneyGram announces Econet collaboration

211015HARARE, (CAJ News) – CUSTOMERS from more than 200 countries can now transfer funds to Zimbabwe following a partnership between Econet Wireless, the leading mobile operator in the country, and MoneyGram, a  global provider of innovative money transfer services.

Funds will be transferred via EcoCash, rated the second fastest-growing mobile money solution in Africa.

The new offering means more than 4,9 million EcoCash subscribers and MoneyGram customers can receive funds across the EcoCash network at any time, day or night, and from any place.

Consumers can access MoneyGram’s services at more than 20 000 EcoCash locations across Zimbabwe or at any one of MoneyGram’s agent locations worldwide.

Herve Chomel, MoneyGram’s Vice President for Africa and Anton Luttig, Regional Director of Southern and Eastern Africa, graced the launch of the partnership in Harare.

Chomel said the activation with EcoCash furthered MoneyGram’s vision of expanding its service offerings to ensure an unparalleled customer experience.

“Our activation with EcoCash, a leader in Zimbabwe’s mobile money realm, furthers MoneyGram’s vision of expanding our self-service offerings to  ensure an unparalleled customer experience. With the service, we are
offering millions of consumers, many in remote areas of the country, access to a fast, reliable and secure method of transferring money, much of which is used to purchase life essentials and daily expenses,” said Chomel.

Douglas Mboweni, Chief Executive Officer of Econet Wireless, said the company had a strong presence in Zimbabwe’s digital environment and was are excited to link up with MoneyGram to utilise the company’s global
footprint and bring more options to consumers.

He pointed out in-wallet remittances were becoming more topical, not only in driving access to international remittances for the previously
unbanked, but also driving further financial inclusion.

“By working with MoneyGram, we will help reach more consumers who rely on our domestic and international remittance services to handle their daily financial needs,” Mboweni said.

Consumers have access to MoneyGram in more than 50 African countries.

 CAJ News

 

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