Moneygram Extends Partnership With Ooredoo Qatar

MoneyGram International declared a five year extension to its partnership with Ooredoo Qatar. The renewal enables MoneyGram customers to continue to send money in near real time to family and friends through Ooredoo Money Wallet, a virtual account that allows customers to easily deposit, access or withdraw money.

“We’re excited to extend our partnership with Ooredoo Qatar for another five years as we continue to build upon the strong momentum in our digital transformation. As our first fully digital partner back in 2012, Ooredoo has been a driving force in our shift to digital in the Middle Eastern market, and we look forward to seeing our partnership continue to flourish in the years to come,” expressed Alex Holmes, MoneyGram Chairman and CEO.

As consumer demand for account deposit services and digital options continues to increase, MoneyGram and Ooredoo Qatar assure giving consumers the opportunity to send and receive money from the comfort of their own homes, which has been especially important in the last year.

Fatima Sultan Al Kuwari, Chief Consumer Officer at Ooredoo Qatar noted, “With Qatar being one of the largest outbound international remittance markets, our strategic partnership with MoneyGram continues to help connect friends and family around the world through fast, convenient and affordable money transfer services. The length of the new contract term is a testament to the strength and ongoing success of this partnership and we are excited about what this means for the future of digital remittances in the Middle East.”