MoneyGram, one of the biggest money transfer companies in the world, has announced an agreement with Globe Telecom’s mobile commerce subsidiary G-Xchange, Inc. (GXI) that would further expand its reach in the Philippines through Globe GCASH.
With the partnership, Filipinos overseas can send money in MoneyGram’s locations all over the globe and have their loved ones pick up the cash at GCASH REMIT outlets in the Philippines - starting out with the Globe Stores and eventually expanding to include other GCASH REMIT outlets like pawnshops, rural banks, and community stores.
“This will add an element of convenience to the thousands of Filipino MoneyGram users worldwide as they can now send money to the Philippines using MoneyGram’s 310,000 retail agent locations in more than 197 countries”, said Alex Lim, MoneyGram country manager. “Through this strategic alliance, we are able to increase our reach in the Philippines thus helping us expand our money transfer services around the world.”
