Western Union, Paga Expand Mobile Transfer Services in Nigeria

Published March 17, 2014, 10:34 a.m. EDT

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Updated March 17, 2014, 1:09 p.m. EDT

1 Min Read

Western Union Co. and mobile payment provider Paga are offering a mobile fund transfer service to residents of Nigeria.

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The service allows Nigerians to receive Western Union transfers directly into their Paga accounts, according to the companies' March 17 press release. Paga users can then withdraw funds at an ATM, send the money to a bank account or pick it up at one of Western Union's 4,900 locations in the country.

People who want to send international money transfers to Paga users in Nigeria can do so via Western Union's website or a Western Union location.

Western Union offers a similar service to Nigerians through its partnership with eTranzact, another mobile money platform. Western Union has been working to expand its international footprint in recent months through partnerships with MasterCard and other local service providers.

Deputy Editor

Sarah Todd is the Deputy Editor of BankThink, American Banker's opinion blog. She previously wrote for the American Institute for Economic Research,... Read full bio

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