MoneyGram Joining Forces with Lebara to Offer International Money Transfers on Mobile Devices
MoneyGram funds transfer service now available through Lebara Money website and smart phone apps
DALLAS--(BUSINESS WIRE)-- MoneyGram (NAS: MGI) , a leading global money transfer company, today announced an agreement with Lebara Mobile, one of Europe's leading mobile telecoms operators, to offer MoneyGram transfer services over the Lebara Money mobile and web solutions.
MoneyGram's money transfer platform is now integrated within the Lebara Money iPhone and Android mobile payment platform solutions and the Lebara Money website, enabling customers in the United Kingdom -- and soon, in Spain, the Netherlands, France, Germany, Denmark and Switzerland -- to send international transfers from a mobile phone to more than 320,000 MoneyGram locations in 198 countries worldwide.
By downloading the Lebara Money iPhone or Android apps from the iTunes and Android stores, or visiting Lebara Money online, Lebara customers can directly connect to MoneyGram's convenient and secure mobile remittance services global network. The money transfer services can be used 24 hours a day, seven days a week.
"We're excited about the opportunity to provide our European customers with easily accessible transfer services though Lebara's smart phone apps," said Carl Scheible, executive vice president, Europe, Africa and Emerging Channels, MoneyGram. "Our agreement gets us yet another step closer to our goal of linking with fast and reliable mobile and web services that give our customers even more flexibility when sending money to loved ones nearby or overseas."
Lebara and MoneyGram signed a multi-year contract for the United Kingdom, Spain, the Netherlands, France, Germany, Denmark, and Switzerland.
Lebara Money services will help provide a global consumer audience with funds transfer options.
"The new Lebara Money cross-border mobile money transfer service, easily accessible with a smart phone, enables our customers to make reliable, peer-to-peer money transfers in the house, the workplace or while out and about," said Lebara CEO, David Moffatt. "MoneyGram is a trusted company for consumers and Lebara Mobile is excited to be joining forces to offer a compelling Mobile Money transfer service for our customers. It's a win-win."
For more information, visit lebara-money.com.
MoneyGram, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers bill payment services in the United States and Canada and money transfer services worldwide through a global network of more than 321,000 agent locations - including retailers, international post offices and financial institutions - in 198 countries and territories. To learn more about money transfer or bill payment at an agent location or online, please visit moneygram.com or connect with us on Facebook.
Lebara is one of Europe's leading mobile telecoms operators, enhancing the lives of ethnic and migrant communities by providing high quality and low cost mobile products and services. Lebara provides Pay As You Go mobile SIM cards and related products and services customised to serve the international communities in seven European countries as well as Australia. In March 2011, Lebara expanded its services by launching Lebara Money in the UK, a simple and secure MasterCard® prepaid card, offering highly competitive exchange rates and no transfer fees for customers wishing to send money abroad.
Mike Gutierrez, 214-303-9923
KEYWORDS: United Kingdom United States Europe North America Texas Ireland
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