{"id":741079,"date":"2023-03-20T04:21:06","date_gmt":"2023-03-20T08:21:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/"},"modified":"2023-03-20T04:21:06","modified_gmt":"2023-03-20T08:21:06","slug":"western-union-money-transfers-now-available-on-momo-app","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/","title":{"rendered":"Western Union Money Transfers Now Available on MoMo App"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Western Union Money Transfers Now Available on MoMo App<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b><i>Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App<\/i><\/b><\/li>\n<li><b><i>For the first time Western Union services will be available on a super app in Vietnam, through MoMo<\/i><\/b><\/li>\n<\/ul>\n<p>HO CHI MINH CITY, Vietnam&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.westernunion.com%2F&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=Western+Union&amp;index=1&amp;md5=a7f7b5bca42a8a0d9db18b7348483f0c\">Western Union<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fmomo.vn%2F&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=MoMo&amp;index=2&amp;md5=5c228ceeaed643a648c89056ac93b8ac\">MoMo<\/a> today announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator\u2019s services have become available on a leading super app in Vietnam.\n<\/p>\n<p><b><span class=\"bwuline\">Convenient access on the go<\/span><\/b><\/p>\n<p>\nExclusive insights from Western Union research show that a staggering number of consumers in Vietnam (81%) want money transfer providers to integrate capabilities into one \u2018super app\u2019. Today\u2019s announcement means consumers will be able to do just that. Established in 2007, MoMo is Vietnam\u2019s leading super app, aiming to improve the life of Vietnamese people by using technology to give them access to simple and affordable financial services.\n<\/p>\n<p>\nMoMo\u2019s 31 million customers can now receive their Western Union money transfers digitally from over 200 countries and territories around the world. Collecting funds can be completed in just a few easy steps. Customers can search for \u2018Western Union\u2019 on the MoMo App and input their Money Transfer Control Number (MTCN). Once complete, they will be able to route their transfers to the MoMo app, and then into their bank accounts held with any of MoMo\u2019s 50 partner banks.\n<\/p>\n<p>\n\u201cAt Western Union, we value digital innovation and accessibility,\u201d said Atish Shrestha, Head of Indochina at Western Union. \u201cFor the first time in Vietnam, a money transfer operator\u2019s capabilities will be integrated within a super app, offering even better experiences to customers. We are excited to collaborate with a likeminded company as MoMo is &#8211; focused on offering innovative services that scale cross-border capabilities for consumers in Vietnam.\u201d\n<\/p>\n<p><b><span class=\"bwuline\">Serving diverse needs of customers through inclusive innovation<\/span><\/b><\/p>\n<p>\nToday\u2019s announcement advances both companies\u2019 digital strategies by offering seamless customer experiences to consumers. Adding this service to MoMo\u2019s ecosystem reinforces its position as the leading Fintech company in Vietnam. It also bolsters Western Union\u2019s recently announced <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.westernunion.com%2Fnews%2Farchived-press-releases%2Fpress-release-details%2F2022%2FWestern-Union-Unveils-Evolve-2025-Strategy-and-Provides-Three-Year-Financial-Outlook-at-2022-Investor-Day%2Fdefault.aspx&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=Evolve+2025&amp;index=3&amp;md5=3c1cb9109225d0ea33dcc23b21d3564c\">Evolve 2025<\/a> strategy to offer high-value, accessible digital and retail financial services.\n<\/p>\n<p>\n\u201cIt\u2019s our pleasure that MoMo is the first Vietnam fintech company to offer a service such as this with Western Union in order to support Vietnamese receiving cross-border remittances,\u201d said Do Quang Thuan, Senior Vice President in charge of the Financial Services Business Unit at MoMo. \u201cThrough our research, we found that there was a rising need among overseas Vietnamese to send small amounts of money home to their families in Vietnam. Thanks to the new service, Vietnamese will now be able to receive Western Union money transfers through MoMo for many purposes such as family support and festive and celebratory occasions. Through low cost and speedy remittance services, MoMo wishes to bring people closer together, bridging the gap between Vietnamese overseas and their families in the country.\u201d\n<\/p>\n<p>\nAccording to the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.worldbank.org%2Fen%2Ftopic%2Flabormarkets%2Fbrief%2Fmigration-and-remittances&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=World+Bank&amp;index=4&amp;md5=d11c13b0f7d98b0b3fb464b03c1e3f4a\">World Bank<\/a>, in 2022, Vietnam was the 10<sup>th<\/sup> largest remittance-receiving country in the world and third largest in East Asia and Pacific, receiving approximately USD19 billion. These numbers underscore the importance of convenient digital channels for cross-border money transfers, and the importance of partnerships to drive global connectivity.\n<\/p>\n<p class=\"bwalignc\">\n# # #\n<\/p>\n<p><b>About Western Union<\/b><\/p>\n<p>\nThe Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments\u2014across more than 200 countries and territories and approximately 130 currencies\u2014to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.westernunion.com&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=www.westernunion.com&amp;index=5&amp;md5=b7729a9316babebeb55c54e68028f822\">www.westernunion.com<\/a>.\n<\/p>\n<p><b>About MoMo<\/b><\/p>\n<p>\nMoMo is a Vietnamese Fintech unicorn, provides super-app and payment service and is one of the fastest growing and largest fintech apps in the world. Our mission is to improve the life of Vietnamese people and merchants by using technology to give them access to superior, simpler and affordable financial solutions and daily services. Our award-winning super app platform is trusted and loved by millions of users and merchants for its ease of use, product design, and compelling ecosystem of partners. MoMo has over 2,000 employees and is headquartered in Ho Chi Minh City with offices in Hanoi and Danang. For further information please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.momo.vn&amp;esheet=53364296&amp;newsitemid=20230320005351&amp;lan=en-US&amp;anchor=www.momo.vn&amp;index=6&amp;md5=26d90881e5bb969c0b86ebd5c2ecd962\">www.momo.vn<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005351r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230320005351\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230320005351\/en\/<\/a><\/span><\/p>\n<p><b>Western Union<br \/>\n<\/b><br \/>Karen Santos; <a rel=\"nofollow\" href=\"mailto:Karen.Santos2@westernunion.com\">Karen.Santos2@westernunion.com<br \/>\n<\/a><br \/>Saadia McGlinchey;<b \/><a rel=\"nofollow\" href=\"mailto:Saadia.McGlinchey@wu.com\">Saadia.McGlinchey@wu.com<\/a><\/p>\n<p><b>MoMo<br \/>\n<\/b><br \/>Nguyen Huyen Phuong; <a rel=\"nofollow\" href=\"mailto:huyenphuong.nguyen@mservice.com.vn\">huyenphuong.nguyen@mservice.com.vn<br \/>\n<\/a><br \/>Bui Thi Phuong Thao; <a rel=\"nofollow\" href=\"mailto:thao.bui@mservice.com.vn\">thao.bui@mservice.com.vn<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Asia Pacific Viet Nam<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Finance Banking Data Management Professional Services Technology Apps\/Applications Mobile\/Wireless<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230320005351\/en\/1695045\/3\/WesternUnion_primarylockup_Yellow_blk.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Western Union Money Transfers Now Available on MoMo App Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App For the first time Western Union services will be available on a super app in Vietnam, through MoMo HO CHI MINH CITY, Vietnam&#8211;(BUSINESS WIRE)&#8211;Western Union and MoMo today announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator\u2019s services have become available on a leading super app in Vietnam. Convenient access on the go Exclusive insights from Western Union research show that a staggering number of consumers in Vietnam (81%) want money transfer providers to integrate capabilities into one \u2018super &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Western Union Money Transfers Now Available on MoMo App&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741079","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Western Union Money Transfers Now Available on MoMo App - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Western Union Money Transfers Now Available on MoMo App - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Western Union Money Transfers Now Available on MoMo App Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App For the first time Western Union services will be available on a super app in Vietnam, through MoMo HO CHI MINH CITY, Vietnam&#8211;(BUSINESS WIRE)&#8211;Western Union and MoMo today announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator\u2019s services have become available on a leading super app in Vietnam. Convenient access on the go Exclusive insights from Western Union research show that a staggering number of consumers in Vietnam (81%) want money transfer providers to integrate capabilities into one \u2018super &hellip; Continue reading &quot;Western Union Money Transfers Now Available on MoMo App&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-20T08:21:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005351r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Western Union Money Transfers Now Available on MoMo App\",\"datePublished\":\"2023-03-20T08:21:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/\"},\"wordCount\":836,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230320005351r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-union-money-transfers-now-available-on-momo-app\\\/\",\"name\":\"Western Union Money Transfers Now Available on MoMo App - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/","og_locale":"en_US","og_type":"article","og_title":"Western Union Money Transfers Now Available on MoMo App - Market Newsdesk","og_description":"Western Union Money Transfers Now Available on MoMo App Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App For the first time Western Union services will be available on a super app in Vietnam, through MoMo HO CHI MINH CITY, Vietnam&#8211;(BUSINESS WIRE)&#8211;Western Union and MoMo today announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator\u2019s services have become available on a leading super app in Vietnam. Convenient access on the go Exclusive insights from Western Union research show that a staggering number of consumers in Vietnam (81%) want money transfer providers to integrate capabilities into one \u2018super &hellip; Continue reading \"Western Union Money Transfers Now Available on MoMo App\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-20T08:21:06+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005351r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Western Union Money Transfers Now Available on MoMo App","datePublished":"2023-03-20T08:21:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/"},"wordCount":836,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005351r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-money-transfers-now-available-on-momo-app\/","name":"Western Union Money Transfers Now Available on MoMo App - 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