back Back

MoneyGram extends partnership with SBI Remit in Japan

By Leandra Monteiro

April 08, 2021

  • Japan
  • Moneygram
Share

MoneyGram, SBI Remit, Japan, P2P payments, money transfers, Asia-Pacific MoneyGram, a cross-border P2P payments and money transfers, announced a three-year extension to its partnership with SBI Remit, one of the Company’s key partners in Japan. For over a decade, MoneyGram and SBI Remit have delivered advanced and affordable money transfer services to meet the demanding needs of their combined customer base through both digital and walk-in. As MoneyGram continues its expansion across the Asia-Pacific region, this partnership extension marks a milestone for MoneyGram in the region.

“We are excited to extend our partnership with SBI Remit for three more years as we continue to expand across the Asia-Pacific and enable more customers to send and receive money to and from family and friends around the world,” said Grant Lines, MoneyGram Global Chief Revenue Officer. “Through strategic partnerships with companies like SBI Remit, we continue to focus on customer experience initiatives as well as enhancing options to meet the evolving needs of consumers.”

“MoneyGram became our first international remittance partner in November of 2010, and we are extremely excited about a renewed relationship with our trusted brand partner,” said Nobuo Ando, Representative Director of SBI Remit. “At SBI Remit, we have extended options for customers to deposit cash on to their Remit cards. Through services like this, we will continue to offer customers in Japan more convenience sending money back home through MoneyGram.”

To mark the new milestone, MoneyGram and SBI Remit will launch a special promotion for customers. SBI Remit customers who transact through MoneyGram before March 31, 2022, will have a chance to win a cash prize from a total prize pool of JPY1,200,000. There will be 10 winners per month, and each winner will receive JPY10,000.1

To use MoneyGram service with SBI Remit, senders can register on the website at www.remit.co.jp. Senders can then deposit funds into their SBI Remit deposit accounts at Mizuho Bank, Sumitomo Mitsui Bank and Resona Bank. Deposits can also be made through SBI Remit cards at Japan Post Bank ATMs or Lawson Bank ATMs or can also be made through cash from FamiPort at any Family Mart location throughout Japan.

Previous Article

April 08, 2021

Citi launches Citi Service Insights with SWIFT gpi Case Resolution integration

Read More
Next Article

April 08, 2021

Crypto challenger Ziglu launches Bitcoin Boost account

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Japan

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Ecommpay & Mastercard partner to deliver Click to Pay in Europe

Read More

Today

FinTech Focus: Catch latest developments of the week

Read More

Today

Paysys Labs & Raqami Islamic Digital Bank to fuel digital payments in Pakistan

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024