mobile transfer

Western Union has announced its partnership with Etisalat Group serving 135 million customers, to offer mobile transfer services in 18 countries of Asia, the Middle East and Africa. Now subscribers of Etisalat mobile operator can easily send and receive Western Union Money Transfer® transactions using their mobile “wallets,” or accounts tied to their mobile phones. 

Chinese customers of Shanghai Pudong Development Bank (SPD Bank) will soon be able to use Account-Based Money Transfer services provided by the Western Union Company.

Western Union, a leading global payment services provider, has entered into a partnership with MTN Group, a largest mobile operator in Africa and the Middle East. Under their commercial agreement Western Union will introduce mobile remittance services in the 21 countries where MTN operates.

It became known that Barclays Bank has partnered M-Pesa, a mobile money transfer service of Safaricom company. Owing to this new partnership the Barclays Bank account holders can now deposit and withdraw funds to and from their account using their mobile phones. According to Adan Mohamed, the Barclays managing director for East and West Africa this step was taken to popularize bank services and to make access to the service easier. 

Yesterday Somali Islamists Shebab, a powerful organization which controls a large swathe of Somalia came with a statement that they ban mobile transfers launched by a number of companies. "The companies Telesom, Golis and Hormuud which developed the service in the country so far should stop it," they said. The companies have only 3 months to bring their new service to close. 

A mobile money solutions provider Obopay has entered into an agreement with the STAR Network, a First Data company and a leading debit network. The partnership will enable Obopay to incorporate the Star Expedited Transfer Service into its own Mobile Money for Banks offering. The Star Expedited Transfer Service enables real-time transfers between Star accounts.