MoneyGram digital payments go beyond Ripple amid partnership with LuLu Exchange

Fibo Quantum

  • MoneyGram to help LuLu digitize its money transfer services.
  • The partnership will allow Moneygram and LuLu to bring the best customers centric services to the Asian-Pacific region.

One of the leading payment providers in the world, MoneyGram continues to position itself at the forefront of cryptocurrency cross-border payments. Following 2019’s grand partnership with Ripple for On-Demand Liquidity, MoneyGram has announced a new partnership with LuLu Exchange.

The partnership is focused on supporting LuLu’s mission to “digitize its money transfer business.” Moreover, the two parties will work together to develop top-notch “consumer-centric capabilities” that will support payments in both the Asian-Pacific and Oman regions.

LuLu exchange is of the leading cryptocurrency and non-banking finance providers in the United Arab Emirates region. The company is headquartered in Abu Dhabi and has over 180 active branches.