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MoneyGram launches digital-remittance site in Singapore

MoneyGram International Inc. launched a website last week in Singapore as part of a wider expansion of its digital money transfer capabilities. 

"Accelerating digital growth and growing our direct-to-consumer business is core to our company strategy," Kamila Chytil, chief operating officer at MoneyGram, said in a company release. "Customers are increasingly valuing the investments we've made to enhance their experience, and we're thrilled to bring these capabilities to the digitally savvy population of Singapore to send money to friends and family around the world."

MoneyGram is providing digital remittance in 65 countries, and additional markets are scheduled to launch in 2020.