Qtel customers will be able to register for mobile money service at any of its shop or directly from their mobile phones and send funds, which can be taken from any of MoneyGram’s 284,000 locations in 197 nations.
The telecom company has a significant presence in the MENA region and Southeast Asia, which will enable the US payment company to provide money remittance services on a global scale.
Qtel chief operating officer Waleed Sayed said, "With a growing number of foreign workers working on critical projects in Qatar, there is an increasing need for individuals to be able to transfer money home safely and conveniently."
Qtel offers a number of telecommunications services in Qatar and in 17 nations, and aims to be among the top 20 telecommunications companies in the world by 2020, through expansion in both the MENA region and South East Asia.
MoneyGram provides money transfer services globally and bill payment services in the US and Canada through a global network of over 284,000 agent locations including retailers, international post offices and financial institutions.
