MoneyGram Joining Forces with Lebara to Offer International Money Transfers on Mobile Devices

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MoneyGram (NASDAQ:MGI), a leading global money transfer company, today announced an agreement with Lebara Mobile, one of Europe’s leading mobile telecoms operators, to offer real-time MoneyGram transfer services over the Lebara Money mobile and web solutions.

MoneyGram’s money transfer platform is now integrated within the Lebara Money iPhone and Android mobile payment platform solutions and the Lebara Money website, enabling customers in the United Kingdom — and soon, in Spain, the Netherlands, France, Germany, Denmark and Switzerland — to send international transfers from a mobile phone to more than 320,000 MoneyGram locations in 198 countries worldwide.

By downloading the Lebara Money iPhone or Android apps from the iTunes and Android stores, or visiting Lebara Money online, Lebara customers can directly connect to MoneyGram’s convenient and secure mobile remittance services global network. The real-time transfer services can be used 24 hours a day, seven days a week.

“We’re excited about the opportunity to provide our European customers with easily accessible transfer services though Lebara’s smart phone apps,” said Carl Scheible, executive vice president, Europe, Africa and Emerging Channels, MoneyGram. “Our agreement gets us yet another step closer to our goal of linking with fast and reliable mobile and web services that give our customers even more flexibility when sending money to loved ones nearby or overseas.”

Lebara and MoneyGram signed a multi-year contract for the United Kingdom, Spain, the Netherlands, France, Germany, Denmark, and Switzerland.

Lebara Money services will help provide a global consumer audience with funds transfer options.

“The new Lebara Money cross-border mobile money transfer service, easily accessible with a smartphone, enables our customers to make reliable, peer-to-peer money transfers in the house, the workplace or while out and about” said Lebara CEO, David Moffatt. “MoneyGram is a trusted company for consumers and Lebara Mobile is excited to be joining forces to offer a compelling Mobile Money transfer service for our customers. It’s a win-win.”