Western Union and MTN Group have teamed to launch a new mobile money transfer service in Rwanda and Ivory Coast. The new service allows MTN customers in both countries to receive a Western Union Money Transfer® transaction in their mobile wallet.
` MTN Group, a multinational mobile telecommunications company services 229,2 million customers in 22 countries.
Senders may choose to send from a participating Western Union® agent location or a Western Union digital1 channel; the receiver may then pick up the transfer into his or her mobile wallet. The money can be used to pay bills, conduct a person-to-person money transfer, buy airtime, as well as other MTN Mobile Money services available.
This new offering increases the breadth of Western Union’s payout options in country. In addition to the new mobile money transfer service with MTN, Rwandan and Ivory Coast consumers can receive funds at more than 400 Western Union locations in Rwanda and 1,350 Western Union locations in Ivory Coast. With the combined digital and retail Western Union offerings, Rwanda and Ivory Coast customers now have the ability to send and receive money from family and friends based on their current needs.
As of April 2015, MTN had 27,4 million Mobile Money subscribers across 14 operations. The service enables users to perform local and international money transfers and make utility payments and purchases. In Ivory Coast, where MTN is the leading operator with more than 8,3 million subscribers on the network and 2,6 million Mobile Money subscribers, users are now able to pay for online purchases with MTN Mobile Money.
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