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Vietnam: MoneyGram, DongA Bank launch money transfer kiosk service

Thursday 3 March 2011 10:31 CET | News

Global payment services company MoneyGram has entered an agreement with Vietnam-based financial institution DongA Bank to make its money transfer kiosk service available in the country.

Under the terms of the deal, both parties are expected to enable Vietnam consumers to use MoneyGram’s international money transfer services via the company’s 1,500 agent locations countrywide.

DongA Bank is a MoneyGram agent in Vietnam and provides its services at 252 locations in the country.

In a recent development , Canadian multi-channel expedited bill payment processor TIO Networks has entered a strategic alliance with MoneyGram to offer expedited bill payment services at the latter’s agent locations across the US.


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Keywords: MoneyGram, DongA Bank, Vietnam
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce