Global money transfer company MoneyGram has signed a global agreement with Ukash, a UK-based online cash payment provider that will allow Ukash customers to send domestic and international money transfers from the Ukash website and receive it at any of MoneyGram’s 310,000 plus locations worldwide, or through MoneyGram’s account deposit channels.
The service will launch in the UK later this year, with plans to expand internationally shortly afterwards.
David Hunter, CEO of Ukash commented: “MoneyGram’s global network makes the Ukash service accessible to an even wider audience of customers. We now will be able to extend the convenience of transacting online, to more people who may not use traditional banking facilities. Our job is to offer more convenient sources for people to use their cash in the ‘connected world,’ which may often appear to be accessible only to credit or debit cardholders. Our alliance with MoneyGram is a great example of this philosophy in action.”
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