Ooredoo Maldives Teams Up with MoneyGram for International Money Transfers via m-Faisaa

Ooredoo Maldives has inaugurated international money transfer services through its digital wallet, m-Faisaa, in alliance with MoneyGram International, Inc., a leading global financial technology firm. This collaboration marks a significant step in empowering customers in the Maldives to efficiently send money to their loved ones worldwide.
By leveraging MoneyGram's extensive global payment network, Ooredoo Maldives customers can now conveniently transfer funds directly to recipients' bank accounts, mobile wallets, or arrange for cash pick-up at any of MoneyGram's numerous agent locations worldwide, subject to service availability.
Khalid Al Hamadi, Managing Director & CEO of Ooredoo Maldives, expressed enthusiasm for the partnership, highlighting m-Faisaa's role in addressing the need for swift, dependable, and user-friendly money transfer solutions. Al Hamadi emphasized Ooredoo's commitment to fostering financial inclusion and facilitating digital financial services development in the Maldives.
MoneyGram's Regional Head of South Asia, Naved Ashraf, echoed the sentiment, affirming the partnership's aim to enhance convenience for consumers, particularly those seeking to support their families abroad.
Since obtaining the necessary license, Ooredoo Maldives has diligently worked on system integration with international partners and conducted extensive testing. Customers from any network can now utilize m-Faisaa's services, including international money transfers, reflecting Ooredoo Maldives' dedication to collaboration and innovation in enhancing digital financial services nationwide. This initiative underscores Ooredoo's ongoing collaboration with the Maldives Monetary Authority to pioneer innovative payment solutions and bolster financial services accessibility for communities and businesses across the country.