MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
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MoneyGram
Visa and MoneyGram team up for cross-border payments
Will use Visa Direct, its real-time push payments platform.
Payments round-up: 11 January 2018
Featuring lots of partnerships – with Ripple, MoneyGram, Worldpay, Iyzico, MSTS and Apruve.
PFS deal to provide Moneymailme users with prepaid cards
Users of Moneymailme will have the option of using physical and virtual prepaid cards to make purchases with the funds in their e-wallets. The new feature, announced June 28 at the Money 20/20 Europe conference, is the result of a partnership between the London-based social money transfer provider Moneymailme and Prepaid Financial Services, a U.K.-based payments technology provider.
Ant Financial buys MoneyGram for $880 million
Alibaba’s affiliate Ant Financial is splashing out $880 million for money transfer operator MoneyGram International. This is Ant Financial’s first acquisition of a US-listed company.
Global mobile money transfer to top $10 billion in 2013
The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating cash transfer has led many service providers to focus exclusively on airtime top ups, the research firm reported.
MoneyGram forges deal with Lebara Mobile for international money transfers
MoneyGram has forged a deal with European mobile telecom operator Lebara Mobile.
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