(CP-Africa, New York) – Western Union and MTN recently announced a commercial partnership to introduce international mobile remittance services in the 21 countries where MTN operates. Through this partnership, MTN subscribers will be able to send and receive Western Union Money Transfer remittances through their MTN mobile money accounts.
In a recent conversation with ITNewsAfrica, Khalid Fellahi, Senior Vice President for Mobile Transaction Services at Western Union asserted that “the mobile money transfer opportunities in Africa are tremendous, with 40 billion dollars transferred just last year. This strategic partnership with MTN is therefore essential in bringing mobile money services to all the countries where MTN operates.With this partnership, Western Union will bring more cash in MTN’s mobile wallets, by allowing consumers to send money directly to mobile accounts while the integration with MTN allows us to expand our payment services throughout Africa.”
An MTN user who receives a Western Union transaction in his MTN mobile money account will be able to use the money to pay bills, fund airtime and send money domestically and internationally.
MTN’s MobileMoney service is currently available in Benin, Cameroon, Ghana, Guinea Bissau, Ivory Coast, Rwanda, South Africa and Uganda.