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MoneyGram Announces Collaboration with Econet Wireless

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MoneyGram has signed a mobile money deal with Zimbawe's Econet Wireless, that enables customers from more than 200 countries and territories to transfer funds via EcoCash, Zimbabwe's mobile money transfer solution.

The new offering means that 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. What's more, 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.

"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," Chomel says. "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."

EcoCash is the second fastest growing mobile money solution in Africa.

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Tags: econet wireless  moneygram