MoneyGram, Confidence Câmbio reach agreement to expand in Brazil

Monday 24 March 2014 10:49 CET | News

International money transfer provider MoneyGram has entered into an agreement with Brazil-based Confidence Câmbio, a foreign currency exchanges and transactions provider.

Following the alliance, Confidence Câmbio’s customers can now use MoneyGram services at 69 Confidence Câmbio stores across the country.

MoneyGram offers money transfer services worldwide through a global network of 336,000 agent locations, including retailers, international post offices and financial institutions, in more than 200 countries and territories. MoneyGram also offers bill payment services in the US and Canada.

In February 2014, Vodafone and MoneyGram have teamed up to enable consumers to transfer funds directly from around 200 countries to users of M-Pesa. This service is set to be launched during Q2 2014, with additional roll-out planned throughout the remainder of the year.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MoneyGram, Confidence Cambio, Brazil, payments , general
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events