Western Union Partners eTranzact on Mobile Payment in Nigeria

Money Transfer

The Western Union Company and eTranzact International Plc have announced the launch of a new mobile money transfer service. A statement Monday explained that consumers in Nigeria that use the eTranzact Mobile Money platform now have the option of receiving Western Union Money Transfer transaction on their mobile phones.

It also stated that consumers would be able to receive funds from money transfer transactions initiated atwesternunion.com transactional websites in 23 countries, or Western Union agent locations around the world.

The Western Union Regional Vice President for North, Central and West Africa, Aida Diarra, said: “Western Union continues to introduce new service offerings to complement our multi-product, multi-channel strategy. We are very pleased to launch our new relationship with eTranzact to increase the number of access points for consumers to use our services worldwide, facilitate financial inclusion, and provide convenient mobile solutions for those who want new methods for money transfer transactions.”

“To date, we have 19 active mobile money transfer deployments in 17 countries, and remain committed to expanding our mobile service offerings in key regions,” she added.

eTranzact mobile money is a mobile payment solution that has multi-network interface capabilities with third-party payment programs.

Upon the receipt of their funds via a Western Union Money Transfer transaction, subscribers can use PocketMoni, the eTranzact Mobile Money platform, to pay utility and cable television bills, make merchant payments, top-up their mobile phone credits and/or make third party transfers.

On his part, the Managing Director/Chief Executive Officer, eTranzact, Mr. Valentine Obi, said: “We are excited to work with Western Union and leverage the power of their global network on behalf of consumers across Nigeria.”