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MoneyGram integrates with Korean fintech

Jun 24, 2020

This integration will especially benefit consumers sending money from South Korea to China and South Asia

MoneyGram

MoneyGram integrates with Korean fintech. Source: flickr.com

MoneyGram International has announced a partnership with Global Money Express (GME).

This way, GME customers can connect to the MoneyGram platform and distribution network in over 200 countries.

This integration is combined with the recent partnership with E9Pay that represents a significant milestone for MoneyGram.

The company is currently strengthening its position in the South Korea P2P payments and remittance market which has nearly $13.4 billion in annual remittance outflows.

Partnering with leading fintech companies is a critical component of our strategy to accelerate digital growth. We recently reported 100% year-over-year digital transaction growth in May. Our new partnership with GME, one of the fastest-growing fintech companies in a key market, will further support this strong digital growth
Kamila Chytil, MoneyGram Chief Operating Officer and leader of the company's digital business

We’ve reported that MoneyGram International?has announced?its partnership with Uber.

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