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International MoneyGram Launches Referral Program To Grow Remittance

If you are residing in a foreign country and want to send money to Vietnam, you will surely know Moneygram, a partner of FinFan. And to develop more, International MoneyGram has launched a referral program to grow remittance.

1 - International MoneyGram, a partner of FinFan, Launches Referral Program to Grow Peer-to-Peer (P2P) Payments and Transfer money.

International MoneyGram, Inc, a global leader in cross-border P2P payments and money transfers, announced the launch of a new referral program, which provides MoneyGram users with discounts after referring new customers.

The program offers a quick and easy way to earn discounts toward future transfers. Existing customers will get a 50% discount off their next money transfer once the customer is registered for a money transfer. The new customer will be able to get their first money transfer for free. The referral program is currently available in all countries with Moneygram International money transfer online.

"The launch of our customer-centric referral program supports our company strategy to accelerate blockchain technology, Moneygram online," said Alex Holmes, MoneyGram Chairman and CEO. "Our customers continue to provide incredibly positive feedback on our leading digital capabilities, and we're excited to make it easier for them to share their experience with friends and family."                                                   

"Data across industries show the power of peer recommendations and word-of-mouth referrals to grow a customer base and increase revenue ," said Kamila Chytil, MoneyGram MGI Chief Operating Officer and leader of the company's digital efforts. "In fact, many leading consumer brands have leveraged referral programs as their primary mechanism to scale their business. Given our strong customer retention rates and leading app rating, it's clear customers are excited about our digital properties. With the launch of our referral program, these customers can now receive rewards as they continue to share these positive experiences with peers."

MoneyGram expects the referral program to support the growth of its direct-to-consumer digital business. As previously reported, Moneygram International Transfer Online achieved 39% year-over-year transaction growth in the fourth quarter 2019, led by strong international performance, with transaction and revenue growth of 113% and 53%, respectively.

2 - About International MoneyGram MGI and its partnership with FinFan

International MoneyGram MGI is a global leader in cross-border P2P payments and money transfers. Its customer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 67 countries now digitally enabled. Moneygram international fees are not higher than traditional banks. And their service is also extremely quick so get in touch with them. Moneygram international phone number is +84 28 6203 2238.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, International MoneyGram is leading the evolution of digital P2P payments.  

In Vietnam, FinFan Vietnam is the first non-banking institution joining MoneyGram network. This new network will work alongside MoneyGram’s existing network in the country. According to MoneyGram MGI, it will also speed up the process for customers in Vietnam. This represents a significant speed-up of online money transfer policies in the region, and will allow customers to receive remittances much more quickly than at present.

Once again, call FinFan or International Moneygram:

  • Moneygram international phone number: +84 28 6203 2238
  • FinFan phone number: +84 28 6685 3317