Sunday, June 28, 2009

Mobile money: Zain and Western Union are combining to offer international cash transfers in the Middle East and Africa

[ame] Kuwaiti mobile operator Zain and Western Union have said they were teaming up to enable customers to send money to and from mobile phones around the Middle East and Africa. The new deal would allow Zain customers to use the telco's new Zap service to deposit cash with Western Union, while the recipients can choose either to pick up the cash from Western Union or have it transferred to an account tied to their mobile phone. Customers can take their cash out at Zap agents, top up airtime, transfer it to friends and family, pay bills or buy groceries at the supermarket, Zain said.

Zain, Western Union to offer money transfers

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