MoneyGram boosts its Money Transfer Services with Globe GCASH

MoneyGram, one of the biggest money transfer companies in the world, has announced an agreement with Globe Telecom’s mobile commerce subsidiary G-Xchange, Inc. (GXI) that would further expand its reach in the Philippines through Globe GCASH. More details after the jump.

With the partnership, Filipinos overseas can send money in MoneyGram’s locations all over the globe and have their loved ones pick up the cash at GCASH REMIT outlets in the Philippines - starting out with the Globe Stores and eventually expanding to include other GCASH REMIT outlets like pawnshops, rural banks, and community stores.

“This will add an element of convenience to the thousands of Filipino MoneyGram users worldwide as they can now send money to the Philippines using MoneyGram’s 310,000 retail agent locations in more than 197 countries”, said Alex Lim, MoneyGram country manager.  “Through this strategic alliance, we are able to increase our reach in the Philippines thus helping us expand our money transfer services around the world.”

“The partnership with MoneyGram reinforces how global money transfer companies have seen and acknowledged the value offered by Globe GCASH,”, said Paolo Baltao, President of GXI.   “We are truly honored.  But most important to us, we just want to make sure that Filipinos who rely on remittances from their loved ones overseas will get their money fast and securely without any hassle.  Filipinos overseas already worked so hard to earn the money they send.  Why make it hard for the loved ones here to get the money?”

Above photo shows MoneyGram, PeraGram Inc., and G-Xchange Inc. (GXI) officials sign the partnership, from left, MoneyGram Country Manager Mr. Alex Lim, PeraGram Inc. President Mr. Spencer Chua, GXI President Mr. Paolo Baltao, and GXI Key Accounts Head Mr. Emmanuel Tandoc.  Behind are PeraGram Inc. Chairman Mr. Jacob Assad Jr., GXI Marketing Head Ms. Franchette Chingcuanco-Cardona, and GXI Key Accounts Manager Mr. Joel Da Costa)

For more info on Globe GCASH and GCASH REMIT, visit www.globe.com.ph/gcash.

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