This new service is a huge milestone for the remittance industry in Europe
MoneyGram expands digital P2P payments through new partnership. Source: flickr.com
MoneyGram International has announced the expansion of its Visa debit card deposit service across Europe. The expansion has launched in collaboration with Checkout.com, a global payment solution provider, utilizing Visa Direct.
MoneyGram customers can now use the company’s website or leading mobile app to send money in near real-time to Visa debit cardholders across 575 corridors from 25 countries in Europe.
In 2019, MoneyGram was the first organization in the industry to enable cross-border transfers from the UЫ using Visa Direct. Since then, MoneyGram has continued to build on its established relationship with Visa.
We’ve reported that MoneyGram International announced a five-year extension to its partnership with Canada Post. This renewal allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout Canada.
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