Pagas Deal Expands Western Union Into Nigeria

Western Union has launched a mobile money-transfer service in Nigeria, increasing the reach of Western Union payout options in the country, the funds-transfer specialist announced March 17.

The new service to Nigeria integrates directly with Paga, Nigeria’s leading mobile payment platform with more than 1.2 million users.

Paga users now have the option to receive a Western Union Money Transfer 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, Western Union said.

Western Union is being investigated by U.S. officials for allegations of fraud. The company has received multiple subpoenas since November 2013 related to charges of fraudulent money transfers. Click here.

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