MoneyGram has partnered with digital security company Gemalto to enable its customers transfer money through their mobile phones.
MoneyGram’s platform will be integrated with Gemalto’s LinqUs mobile payment platform. Customers will thus be able to send international transfers from a mobile phone to one of MoneyGram’s 284,000 locations worldwide or receive transfers to their mobile wallet. Gemalto Mobile Financial Services clients, including banks and mobile operators, will be able to connect directly to MoneyGram’s global network.
MoneyGram head of global strategic partnerships Tim Summers said it is focussing on developing ne mobile and online channels to meet users evolving needs.
“Gemalto has relationships with more than 450 mobile operators and 3,000financial institutions worldwide. Their extensive experience with global mobile financial services brings a secure environment that extends MoneyGram’s money transfer services to consumers and gives them more options,” he said.