NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, March 18, 2014

The Western Union Company, a leader in global payment services, today announced the launch of a new mobile money transfer service to Nigeria, which increases the reach of Western Union payout options in the country.

The new service to Nigeria integrates directly with Paga, the leading mobile payment platform in Nigeria, with more than 1.2 million users. Paga users now have the option of receiving a Western Union Money Transfer(R) transaction directly into their Paga account. Using Paga’s multi-channel platform, consumers can withdraw the money by sending it to a bank account, withdrawing from an ATM, or through Paga’s network of over 4,000 agents in Nigeria. Consumers can also choose to pick-up their funds at participating Western Union(R) Agent locations across the country.