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MoneyGram Launches Partnership with Japanese Fintech Smiles to Enable International Money Transfers

MoneyGram Launches Partnership with Japanese Fintech Smiles to Enable International Money Transfers

Through this latest white-label integration, Smiles Mobile Remittances adds services and scale to its existing offerings

MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced a strategic partnership with Digital Wallet Corporation, a global fintech company and the owner of Smiles Mobile Remittance (Smiles), a leading mobile money transfer service and digital wallet in Japan. Consumers in Japan can now use the Smiles mobile app – powered by MoneyGram’s global payment rails and near real-time capabilities – to send money to more than 200 countries and territories around the world.

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“Partnering with leading fintech companies around the world is a critical component of our strategy, and we are thrilled to open our unique, global platform to one of the world’s fastest-growing fintechs,” said Alex Holmes, MoneyGram Chairman and CEO. “An increasing number of companies are looking to leverage our core capabilities to quickly add services and scale, and we continue to get excited about increasing payment volumes through our network and creating meaningful processing revenue in the years ahead.”

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“Digital Wallet Corporation is delighted to partner with MoneyGram in the rapidly-growing, cross-border money transfer and payments market in Japan,” said Eiji Miyakawa, Digital Wallet Corporation President & CEO. “We believe the best way to reach and help our customers is through this collaboration with the respected MoneyGram brand and global network. Digital Wallet is looking forward to a successful strategic partnership with MoneyGram.”

The service is now live for consumers.

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About MoneyGram International, Inc.

MoneyGram is leading the evolution of digital P2P payments. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve nearly 150 million people across the globe over the last five years.

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