SAP AG (NYSE: SAP) today announced that Qtel, the leading communications company in Qatar, has integrated SAP Mobile Platform to enable MoneyGram money transfer through Qtel Mobile Money. This expands the number of destinations Qtel customers can send money to via mobile devices, enabling Qtel to provide customers with the mobile money services required to reach almost any global destination. The secure, convenient and global transfer of money can happen in as little as 10 minutes, subject to local rules and regulations, allowing recipients to collect the cash from MoneyGram local agents, offering a highly efficient way to transfer money without the need of a bank account. The announcement was made at Mobile World Congress 2013, being held in Barcelona, Spain, February 25-28, where SAP is located at Hall 7, 7C70.
"With the global economy increasingly becoming a mobile economy, consumers require convenient access to transaction channels anytime, anywhere," said Matthew Talbot, senior vice president, Mobile Commerce, SAP. "The agreement with Qtel expands the mobile money ecosystem, creating more reach for operators to better serve their customers and help drive the adoption of mobile payment services, particularly in regions with large numbers of under-banked subscribers."
"Qtel is dedicated to service and innovation," said Richard Morecroft, head of Mobile Money, Qtel. "With the ever-growing number of foreign workers living and working in Qatar, there is an increasing need for people to be able to transfer money safely and conveniently back home, at any time and from anywhere. SAP Mobile Platform provides us with the technology we need to service our customers in the most efficient way possible."