MoneyGram Expands Cash Payout Service in Nepal with Esewa Money Transfer

KATHMANDU, Nov 23: Esewa Money Transfer and MoneyGram have expanded their collaboration to enhance cash remittance services in Nepal. This partnership, which has long participated in bank and wallet transfers, now extends to cash payouts, allowing remittances sent via MoneyGram from 200+ countries and territories to be available for cash pickup at agent locations of Esewa Money Transfer throughout Nepal.

Recipients in Nepal can now effortlessly collect their MoneyGram money transfers in cash at any MoneyGram branded Esewa Money Transfer agent location in Nepal. This partnership represents a significant advancement in the facilitation of cash remittances, providing a smooth and efficient avenue for consumers around the world to send money to their loved ones in Nepal that can be received in cash. 

To promote this partnership, Esewa Money Transfer has launched a promotional campaign that will run from November 22, 2023, until December 31, 2023. During the campaign period, beneficiaries will receive a Rs 100 bonus which will be transferred immediately to their eSewa wallet. Further, throughout the 10-day launch period, all beneficiaries will receive merchandise such as T-shirts, hats, pens, and keychains. One lucky winner will be selected at the end of the campaign on January 1, 2024, who will get a brand-new smartphone. These initiatives show Esewa Money Transfer's commitment to offering extra value and a gratifying experience to those who use their remittance services.

Ajesh Koirala, CEO of Esewa Money Transfer, expressed his delight at collaborating with MoneyGram to ease cash remittances in Nepal. He emphasized that this collaboration aims to strengthen ties for Nepalese individuals worldwide, enabling them to support their families in Nepal while encouraging the use of formal remittance channels. Additionally, the arrangement will increase the accessibility of cash remittances in Nepal by expanding the number of cash payout locations and providing beneficiaries with the convenience of receiving funds at any eSewa Money Transfer agent location near them.