The Western Union Company and eTranzact International plc announced the launch of a new mobile money transfer service. Consumers in Nigeria who use the eTranzact Mobile Money platform now have the option of receiving a Western Union Money Transfer(R) transaction on their mobile phones. Consumers can receive funds from money transfer transactions initiated at westernunion.com transactional websites in 23 countries, or Western Union Agent locations around the world.

eTranzact Mobile Money is a mobile payment solution that has multi-network interface capabilities with third-party payment programs. Upon receipt of their funds via a Western Union Money Transfer transaction, subscribers can use PocketMoni, the eTranzact Mobile Money platform, to pay utility and cable television bills, make merchant payments, top-up their mobile phone credits and/or make third party transfers.