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’s 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 ‘super app’. Today’s announcement means consumers will be able to do just that. Established in 2007, MoMo is Vietnam’s leading super app, aiming to improve the life of Vietnamese people by using technology to give them access to simple and affordable financial services.
MoMo’s 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 ‘Western Union’ on the MoMo App and input their Money Transfer Control Number (MTCN). Once…