MoneyGram International has partnered with Global Money Express Co (GME).
In Brief:
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GME is one of the biggest money transfer FinTechs in South Korea.
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The partnership will enable GME customers to connect to MoneyGram’s network across 200 countries and territories.
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MoneyGram has also recently partnered with E9Pay, a Korean remittance company.
What does this mean?
MoneyGram wants to accelerate its digital growth and strengthen its position in the South Korean P2P payments and remittance market – this will be a vital step on that journey.