DALLAS—MoneyGram, which works with digital peer-to-peer (P2P) payments, announced it is partnering with Digital Wallet Corp. on wider-spread payments.
Now, Japanese customers will be able to make use of the Smiles mobile app, owned by Digital Wallet Corp., which allows sending of money to over 200 countries and territories, Pymnts.com reported.
“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.”
“We believe the best way to reach and help our customers is through this collaboration with the respected MoneyGram brand and global network,” said Digital Wallet President and CEO Eiji Miyakawa.
MoneyGram has become the forefront to the digital kind of P2P payments, Pymnts.com noted. Last month, Pymnts.com reported that MoneyGram has been working alongside Paytm in order to roll out new ways to send money directly to Indian Paytm wallets.