MoneyGram Partners with Korean Fintech, E9Pay

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

15 Wool Braid Hairstyles You Should Try

Wool braid hairstyles have been popular for years and show no signs of slowing down. Wool braids allow you...
MoneyGram Partners with Korean Fintech, E9PayMoneyGram Partners with Korean Fintech, E9Pay

MoneyGram International, Inc. a global leader in cross-border P2P payments and money transfers, today announced a partnership with E9Pay, one of the largest money transfer and payment fintech companies in Korea. The partnership enables E9Pay customers to connect to the MoneyGram platform and distribution network in over 200 countries and territories. The integration will especially benefit consumers who send money between Southeast Asia, Russia, and the Commonwealth of Independent States (CIS), which are the main corridors for E9Pay.

“As we continue to closely manage the ongoing COVID-19 situation, we’re also continuing to push forward on our strategy,” said Alex Holmes MoneyGram Chairman and CEO. “E9Pay has a strong culture of innovation with a loyal customer base of avid users, and this partnership enables E9Pay customers to access to our global platform, including our account deposit capabilities.”

The new E9Pay relationship follows other successful MoneyGram partnerships in the region, such as Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, and Sentbe, that are helping MoneyGram capture a more significant portion of the approximate $13.4 billion in annual remittance outflows, per the World Bank.

“We are very excited to partner with MoneyGram in a rapidly-changing, cross-border money transfer and payment market in South Korea,” said Jeon Hyuk Goo, CEO of E9Pay Co., Ltd. “We believe the best way to reach and help our customers is through collaboration with the prestigious MoneyGram brand. E9Pay firmly expects to continue to develop mutually beneficial business through strategic partnerships with MoneyGram.” 

- Advertisement -

“We’re excited about how E9Pay is leveraging the strong consumer demand for our account deposit services, which is especially important given the ongoing global pandemic so that consumers can receive money from the comfort and safety of their own homes,” said Kamila Chytil, MoneyGram Chief Operating Officer and leader of the company’s digital efforts. “E9Pay utilized our API-driven infrastructure to enable a quick and seamless integration.”

- Advertisement -
MoneyGram Partners with Korean Fintech, E9PayMoneyGram Partners with Korean Fintech, E9Pay

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

MoneyGram Partners with Korean Fintech, E9PayMoneyGram Partners with Korean Fintech, E9Pay

Latest News

Nike Releases New Film “For Once, Don’t Do It” in a message about racism in America

In a bold move, Nike opens the tough conversation that so many corporations turn blind eyes, deaf ears and...

MPC Maintains Accommodative Stance…Cuts MPR to 12.50%

In a shocking turn of events, the Monetary Policy Committee (MPC) cut its key policy rate MPR by 100bps to 12.50%, having maintained the...

History Of Coca-Cola Advertising Slogans

Red, White & You (1986) Throughout the years, the slogans used in advertising for Coca-Cola have reflected not only the brand but the times. Slogans...

Dangote Cement Plc – Resilient Q1 2020 results amid early impacts of COVID-19

Dangote Cement Plc grew revenue YoY by 4% in its Q1 2020 result. Gross profit rose YoY by 3% on account of faster growth...

Q1’2020 GDP Growth Slows – Underlying economic weaknesses reflect in GDP performance

The Nigerian economy grew by 1.87% on a year-on-year (YoY) basis in Q1’20. The GDP performance represented a 23 basis points decline from the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -MoneyGram Partners with Korean Fintech, E9PayMoneyGram Partners with Korean Fintech, E9Pay