M moneyX announces new partnership with MoneyGram to enable wallet users in Laos to receive international money transfers.

M moneyX, MoneyGram team up for global transfers to Laos

M moneyX, a leading digital payment platform in Laos, today announced its first collaboration with a major global payments network, selecting MoneyGram as its international money transfer partner.

Through this partnership, millions of M moneyX wallet users can now receive international money transfers directly into their wallets from over 200 countries and territories, making it easier than ever for users to receive support from family and friends abroad.

“At M moneyX, we’re not just offering a service, we’re building a future where every Lao person has access to safe, fast and inclusive financial tools, no matter where they are,” said Chief Executive Officer of Lao Mobile Money Sole Co., Ltd, the parent company of M moneyX, Mr Alounnadeth Barnchit. 

“That’s why we’re excited to introduce a new feature: M moneyX wallet users can now receive international money transfers directly, powered by the MoneyGram network.”

With a large portion of Laos’ population of roughly 7.4 million people still underserved by traditional banking, M moneyX is bridging the gap between the banked and unbanked, bringing accessible financial services to thousands of people every day. 

As the remittances market in Laos is projected to reach over US$339 million in 2025 and continue growing steadily, this partnership positions M moneyX to play a key role in the country’s evolving financial landscape.

“As consumers increasingly seek frictionless digital payout options, MoneyGram continues to roll out customer-centric solutions around the globe,” said MoneyGram Regional Head of Southeast Asia and Indo-China, Vijay Raj Poduval.

“We are very proud of this partnership which offers the first cross-border wallet receives to the Lao community that can bridge the gap across the globe.”

This collaboration marks a significant milestone for M moneyX as it strengthens its international capabilities and enhances its commitment to providing fast, secure and convenient remittance services.
M moneyX is the leading digital payment platform in Laos, operated by Lao Mobile Money Sole Co., Ltd. It offers secure and accessible e-wallet services, including mobile payments, money transfers, airtime top-ups, and bill and utility payments. M moneyX plays a key role in promoting financial inclusion across the country.

MoneyGram connects the world by making the movement of money across borders seamless, affordable and secure for everyone.
Each year, the company serves more than 50 million people in over 200 countries and territories. 
Headquartered in Dallas, Texas, with offices in 36 countries, MoneyGram is globally recognised for its high-performance culture and has been honoured as a Top Workplaces USA award winner for four consecutive years.

By Advertorial Desk
 (Latest Update June 20, 2025)