MoneyGram has formed a new partnership with EbixCash, an international supplier of on-demand software and ecommerce services, to upgrade its services for consumers across India.
Through the partnership, MoneyGram will be able to reach additional consumers through Ebix’s 320,000 distribution outlets spread across 768 districts, 4,000 cities, and more than 75,000 villages.
EbixCash customers in these locations will be able to access the MoneyGram platform to send or receive money to family and friends across over 200 countries and territories.
The strategic partnership also aims to service inward remittance volumes of USD 3 billion annually by targeting remitters in key sending markets outside India.
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