NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, May 13, 2016

Barri Financial Group, a U.S.-based money transfer service provider, has signed a strategic partnership with TransferTo, a B2B mobile payment network, to enable real-time mobile money transfers to Tigo Money accounts in El Salvador.

Barri said in a press release this is the first time its U.S. customers will be able to send funds to friends and family in El Salvador.

TransferTo said in the announcement the service builds upon its existing relationship with Barri, which enables the money transfer service provider to offer mobile airtime transfers to El Salvador and other countries in Latin America.