With the continuous improvement of the economy in Papua New Guinea, the country is attracting more tourists and foreign investments. We see the need for our money transfer business in this market, said Nick Cunnew, senior regional director of MoneyGram International Asia Pacific and Indian sub-continent region. This partnership with Westpac Bank allows our customers a safe, fast way for sending and receiving money on Papua New Guinea.
To receive money via MoneyGram, a receiver can walk into any MoneyGram money transfer agent location in the destination country, complete a receive form and upon showing of photo identification receive funds in as little as 10 minutes after the transaction is sent, subject to agent availability and hours of operation. With MoneyGram, friends and relatives overseas now can send or receive money from over 125,000 locations across 170 countries and territories.
Mr Cunnew added: We continue to expand our worldwide network. Speed, convenience, reliability, and value are important considerations for money transfer consumers and priorities for MoneyGram. Value pricing, in addition to our service reputation, attracts customers to the MoneyGram service in this important, emerging money transfer market.
