MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, and Jingle Pay, a financial super-app based in the United Arab Emirates (UAE), announced a partnership to enable convenient and fast global money transfers through the Jingle Pay app. Consumers in the UAE can use the Jingle Pay app powered by MoneyGram’s global payment rails and near real-time capabilities to send money to over 200 countries and territories around the world.
As a global trade hub, the UAE hosts nearly 9 million expatriates, constituting approximately 89% of the population and making the country a powerhouse for outbound remittances.1 With a focus on financial inclusion, Jingle Pay is targeting expats in the region and providing consumers with access to an extensive list of accessible financial services, such as its multi-currency card and money transfer services.
MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, delivers innovative financial solutions to connect the world’s communities. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve over 150 million people in the last five years.
Jingle Pay is a UAE-born financial super-app, which empowers its users with a fast digital account, free of fees and zero-commitments, to reliably store, spend, and send money to 160+ countries, in 99+ currencies, at the best exchange rates globally. Jingle Pay’s operations extend across the MENAP region with presence in the UAE, Bahrain, Pakistan, and Egypt.