This new service is a huge milestone for the remittance industry in Europe
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.