MoneyGram, a provider of global money transfer services and Poste Italiane, a postal services operator in Italy, have entered into an agreement. It enables Poste Italiane customers to send money virtually anytime and anywhere, without the need to go to a post office or retail location making cash available for friends and family in 10 minutes.
The mobile money transfer service enables Poste Italiane customers with a Poste Mobile SIM card associated with their BancoPosta account or PostePay debit card to transfer money via mobile phone. Poste Italiane customers who have home banking service will now also be able to transfer money via the its postal web site.
Massimo Sarmi from Poste Italiane, said: “With the introduction of money transfer via mobile phone, Poste Italiane and MoneyGram offer a next-generation service that responds in a more dynamic, reliable and convenient way to the needs of migrants. We are excited to combine Poste Italiane’s and MoneyGram’s unique technology platforms in Italy to introduce an innovative service for our growing number of money transfer customers.”
Pamela Patsley, chairman and CEO of MoneyGram said: “We are delighted to expand our partnership with Poste Italiane and together be the first to offer money transfer services via mobile phone in Italy. MoneyGram is committed to providing customers with flexibility and choice in how they send and receive money.
“The service we are announcing is a winning example of how our agent partners can use the MoneyGram technology to provide their online or mobile customers the benefits of an affordable, reliable and convenient money transfer send service without the need to go to a retail location.”