MoneyGram, one of Ripple’s partners, signed a new agreement with Uber.
Uber, which has tens of millions of users worldwide, now serves more than 80 countries. According to Business of Apps data, more than 14 million trips are made with Uber every day in these countries. Thanks to these trips, Uber earns more than $ 10 billion a year.
This application, which is used by tens of millions of people, was also the income gate of millions. It is believed that there are almost 4 million Uber drivers worldwide and their monthly average earnings are $ 364.
Agreement with MoneyGram
Most of the Uber drivers are immigrants. People who immigrated to another country and had to find a job there find the cure as an Uber driver.
According to the information provided by U.Today, almost 25% of Uber drivers in the USA have to send the money they earned from here to another country. In other words, these people send the money they earn in the US to their families in another country.
This means that many Uber drivers from all over the world are transferring abroad. MoneyGram comes into play exactly at this point. Available in more than 200 countries, MoneyGram allows people to transfer money more effectively than usual. Using MoneyGram, which also uses Ripple’s technology, payment can be made from spouse to partner (P2P). In this way, transactions cost less and are completed in a shorter time.
People who earn money from Uber (including Uber, Uber Eats, Uber Freights, Uber Works) in countries such as the USA, Australia, the UK and Canada will now be able to benefit from MoneyGram’s services when sending money to their families. And at a discount. MoneyGram CEO Alex Holmes interprets this partnership as follows:
Many of the people who earn money from Uber try to send money back home and family. Thanks to our partnership with Uber, we will be able to serve these people. In many countries where Uber is used, MoneyGram application is also used and people love the MoneyGram brand. We are proud to help these people, especially in this challenging process from Kovid-19. ”