Western Union and Zain finalize MMT agreement

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Teams from Zain Uganda and Western Union have put a seal on an agreement that will see mobile money transfer services made possible through Zain’s new Zap mobile commerce platform in Uganda. This is part of a partnership agreement that was signed in June 2009 between Zain Group and Western Union (MPW 133).

The partnership will eventually enable Zain customers enrolled on the ZAP service to receive their money in cash at a western Union Agent location near them or in accounts tied to their mobile wallets.

Addressing a press conference, Yesse Oenga, Zain Uganda’s managing director explained that the Western Union service with Zain will also eventually see Zain ZAP customers able to access the service through the Western Union outlets countrywide. ‘This service will enhance the ZAP service to be more accessible to Zain customers in Uganda because of the Western Union footprint across the country. In the near future Zain ZAP customers will be able to receive money sent from their friends and families sent through the Western Union service found worldwide in 202 countries.’

Speaking at the press conference, Gail Galuppo, Western Union’s EVP and CMO said, ‘The ability to move money with a mobile phone is changing the landscape of financial services. We look forward to connecting Western Union’s global network with the Zap platform to extend services throughout Uganda.’