Western Union and South African-based MTN Group are bringing a new mobile money transfer service in the Ivory Coast. The new service, which builds upon the existing mobile money collaboration between the companies in Uganda, allows consumers in Ivory Coast who use the MTN service to receive a Western Union money transfer transaction directly on their mobile phones.
The new offering increases the breadth of Western Union’s payout options in Ivory Coast. In addition to the new mobile service with MTN, consumers can receive funds at nearly 900 Western Union Agent locations throughout the country.
As of March, MTN Mobile Money had more than 16 million customers in 15 countries. The service enables users to perform local and international money transfers and make utility payments and purchases. In Ivory Coast, where MTN is one of the leading operators with more than 7.5 million customers, users are now able to pay for online purchases with MTN Mobile Money.
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