CellPay, a leading telecommunications company that provides services through its telco and bill payment platform, and MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, today announced a partnership that expands MoneyGram's leading bill pay capabilities. Through this partnership with CellPay, MoneyGram customers can access more bill payment options through both retail and digital channels expanding the Company's footprint to over 30,000 billers.

This strategic partnership further accelerates both companies' growth in a highly competitive bill payment arena. MoneyGram is efficiently expanding the number of bill payments it processes through its powerful API-driven infrastructure and best-in-class technology. Meanwhile, CellPay is able to provide its customers with more options by gaining access to over 25,000 MoneyGram retail locations throughout the United States, along with access to MoneyGram Online, the Company's leading website, and mobile app.

"We're excited to partner with MoneyGram and provide the company's extensive consumer base with new bill payment options," said Parvez Jasani, CellPay Chairman and CEO. "This will lead to new revenue streams for both companies and expand MoneyGram's bill payment footprint to be much larger than its competitors."

The partnership is expected to be live for consumers in Q1 2023.