KATHMANDU, NOVEMBER 24
Esewa Money Transfer and MoneyGram have expanded their collaboration to enhance cash remittance services in Nepal.
This partnership, which has long participated in bank and wallet transfers, now extends to cash payouts, allowing remittances sent via MoneyGram from 200+ countries and territories to be available for cash pickup at agent locations of Esewa Money Transfer throughout Nepal, according to th statement issued by Esewa Money Transfer.
Recipients in Nepal can now effortlessly collect their MoneyGram money transfers in cash at any MoneyGram branded Esewa Money Transfer agent location in Nepal. This partnership represents a significant advancement in the facilitation of cash remittances, providing a smooth and efficient avenue for consumers around the world to send money to their loved ones in Nepal that can be received in cash, Esewa Money Transfer said.
"To promote this partnership, Esewa Money Transfer has launched an exciting promotional campaign which will run from November 22, 2023, until December 31, 2023. During the campaign period, beneficiaries will receive a Rs 100 bonus which will be transferred immediately to their eSewa wallet. Further, throughout the 10-day launch period, all beneficiaries will receive attractive merchandise such as T-shirts, hats, pens, and keychains."
One lucky winner will be selected at the end of the campaign on January 1, 2024, who will get a brand-new smartphone. These initiatives show Esewa Money Transfer's commitment to offering extra value and a gratifying experience to those who use their remittance services, EMT added.
Ajesh Koirala, CEO of Esewa Money Transfer, expressed his delight at collaborating with MoneyGram to ease cash remittances in Nepal. He emphasized that this collaboration aims to strengthen ties for Nepalese individuals worldwide, enabling them to support their families in Nepal while encouraging the use of formal remittance channels. Additionally, the arrangement will increase the accessibility of cash remittances in Nepal by expanding the number of cash payout locations and providing beneficiaries with the convenience of receiving funds at any eSewa Money Transfer agent location near them.
MoneyGram International, Inc. is a global financial technology company that enables consumers and businesses to move and manage money in nearly every country around the world. Through its expansive set of fintech offerings, MoneyGram provides millions of consumers annually the ability to seamlessly send money home to family and friends, and buy, sell and hold cryptocurrencies on its industry-leading app, the statement said while adding that, "the Company's innovative cross-border platform enables its customers to send funds directly into bank accounts and mobile wallets or cash-in and cash-out more than 135 currencies and numerous cryptocurrencies through one of the largest cash distribution networks in the world. Modern, mobile, and API-driven, MoneyGram's white-labeled remittance service also provides some of the world's top brands and organizations the ability to disburse funds directly to their consumer clients. Based in Dallas and known for its strong corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for two consecutive years, an honor based entirely on employee feedback."
Esewa Money Transfer, a prominent digital remittance company in Nepal and part of the F1soft Group, provides an inclusive remittance solution for Nepalese nationals globally. Their services span major banks, financial institutions, eSewa wallets, and cash payout locations. Established in 2019 and regulated by Nepal Rastra Bank, Esewa Money Transfer utilizes innovative fintech-based payment services to migrant households throughout the nation.
