MoneyGram ties up with Qtel to offer international mobile money transfer services in Qatar

Telecom Lead Middle East: MoneyGram has tied up with Qtel to offer international mobile money transfer services in Qatar.

Qtel customers will be able to register for the Qtel Mobile Money service at any Qtel shop or directly from their mobile phones and send funds that can be picked up at any of MoneyGram’s 284,000 global locations in 197 countries.

The association will assist the unbanked population in Qatar. The Qtel Mobile Money service enables mobile users to send and collect the cash from MoneyGram local agents.

“Our mobile service provides security, convenience and global reach that extend these benefits to all our customers, including those who do not have a bank account,” said Waleed Al Sayed, chief operating officer, Qtel.

“Our collaboration with MoneyGram is a critically-important step that reinforces and demonstrates Qtel’s commitment to service and innovation. With a growing number of foreign workers working on critical projects in Qatar, there is an increasing need for individuals to be able to transfer money home safely and conveniently,” Sayed added.

“MoneyGram continually looks for opportunities to leverage new technologies that will enhance our customer experience and connect with more customers in the remittance industry,” said Richard Meredith, senior regional director, Middle East, MoneyGram.

“We know that in Qatar, the mobile wallet industry continues to grow. Our collaboration with Qtel is an important move for us as we continue to monitor for new ways to serve customers in the Middle East region,” Meredith added.

Recently, reported that for doubling its stake in Kuwait’s No.2 operator, Qtel, which operates in 16 countries across the Middle East, Africa and Asia, will invest $1.8 billion.

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