Carrefour Group and MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024.
Carrefour customers across Europe and Latin America will now be able to send money from their local hypermarket or supermarket to loved ones in over 200 countries and territories around the world. MoneyGram will support Carrefour on the operational management of this new service, including technical implementation, compliance and customer service.
Latest Fintech News: CommerceWest Bank Recognized as a “Super Premier Performance” Bank
“The history of our collaboration with MoneyGram in the Romanian market for over 10 years has enabled us to measure the value proposition of adding money transfer to our traditional banking activities, which has helped us confirm its a growing need for our customers,” said Benjamin Dubertret, Group Director of Financial and Merchant Services at Carrefour. “MoneyGram’s global expertise in money transfers between individuals will enable us to offer a simple, unified and secure service in eight Carrefour countries. This collaboration is in line with our ambition to constantly meet the needs of our customers on a daily basis with the best services.”
Latest Fintech News: SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners
“We are excited to partner with Carrefour and expand our leading services across their global network,” said Alex Holmes, MoneyGram Chairman and CEO. “As consumer demand continues to vary based on market-specific needs, we understand the importance of providing options. This partnership with one of the largest retailers in the world underscores our ongoing commitment to putting customers first and driving access to convenient and reliable cross-border payments. We look forward to continued growth through this strategic collaboration.”
Latest Fintech News: Coinhub Partners With Green Dot Network to Access 20,000+ Retailers Nationwide
[To share your insights with us, please write to sghosh@martechseries.com]
