Western Union ties deal with Paga to launch mobile money transfer services in Nigeria
Western Union a worldwide company that offers financial services such as money transfers, money orders and commercial services has launched a mobile money transfer service to increase the reach of its payout options in Nigeria.
The new service was introduced in partnership Paga, a major mobile payment platform in Nigeria that currently has about 1.2 million users.
With the partnership, users can now receive a Western Union Money Transfer transaction directly into their Paga account and use Paga’s multichannel platform to withdraw the money by sending it to a bank account, withdrawing from an ATM or through Paga’s network of agents across Nigeria.
“Western Union will continue to introduce new service offering to expand its mobile footprint as part of our strategy to increase the rate of usage of mobile money around the globe,” Aida Diarra, regional vice president, Africa, Western Union, says.
Tayo Oviosu, Founder and CEO of Paga says that the company “continues to execute on its strategy of simplifying payments for all Nigerians – whether you are a business or an individual. This relationship extends our services to the world – now anyone across the globe who needs to send money to Nigeria can ‘Just Paga it’ through Western Union.”
According to him, “Paga is proud to work with Western Union and we look forward to continuing to deliver innovative money transfer services to Nigerians around the world.”