{"id":833041,"date":"2025-04-02T09:21:33","date_gmt":"2025-04-02T13:21:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/"},"modified":"2025-04-02T09:21:33","modified_gmt":"2025-04-02T13:21:33","slug":"moneygram-and-mastercard-collaborate-to-advance-digital-money-movement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/","title":{"rendered":"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>Expands financial access, providing customers worldwide with fast, secure and near real-time payments<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">DALLAS<\/span> and <span class=\"xn-location\">PURCHASE, N.Y.<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 2, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4396927-1&amp;h=15682453&amp;u=https%3A%2F%2Fcorporate.moneygram.com%2F&amp;a=MoneyGram\" target=\"_blank\" rel=\"nofollow\">MoneyGram<\/a>, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4396927-1&amp;h=1149643382&amp;u=https%3A%2F%2Fwww.mastercard.us%2Fen-us.html&amp;a=Mastercard\" target=\"_blank\" rel=\"nofollow\">Mastercard<\/a> (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4396927-1&amp;h=3576500647&amp;u=https%3A%2F%2Fb2b.mastercard.com%2Fmove&amp;a=Mastercard+Move\" target=\"_blank\" rel=\"nofollow\">Mastercard Move<\/a>, Mastercard&#8217;s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments<sup>1<\/sup>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2656029\/MoneyGram_x_Mastercard.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2656029\/MoneyGram_x_Mastercard.jpg\" title=\"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement\" alt=\"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Through Mastercard Move, MoneyGram customers can use any U.S.-issued Mastercard card to send funds cross-border to 38 eligible receiving markets and counting<sup>2<\/sup>. Mastercard Move also supports the ability for MoneyGram customers to receive money through nearly 10 billion endpoints worldwide. Additional cross-border payment capabilities for MoneyGram customers are expected throughout 2025.<\/p>\n<p>\n        <b>What This Means for Customers<\/b>\n      <\/p>\n<p>This collaboration enhances the end-to-end money movement experience, offering significant benefits that help customers save time, effort and money.<\/p>\n<ul type=\"disc\">\n<li>\n          <b>Speed &amp; convenience<\/b> \u2013 Access near real-time<sup>3<\/sup>\u00a0funding from any U.S.-issued Mastercard card, with the ability to send funds cross-border to bank accounts, mobile wallets, Mastercard cards and cash pick-up endpoints<sup>4<\/sup>.<\/li>\n<li>\n          <b>Security &amp; reliability<\/b> \u2013 Enjoy safe, secure transactions backed by the trust and security of the MoneyGram and Mastercard networks.<\/li>\n<li>\n          <b>Cost-effective money movement<\/b> \u2013 Benefit from an efficient, digital-first transfer process with low transaction fees.<\/li>\n<li>\n          <b>Greater financial accessibility<\/b> \u2013 Gain enhanced access to streamlined payouts, complementing MoneyGram&#8217;s extensive network.<\/li>\n<\/ul>\n<p>\n        <b>Financial Access through an Extensive Network <\/b>\n      <\/p>\n<p>&#8220;We&#8217;re excited to work with Mastercard to empower individuals and communities around the world, expanding access and choice when it comes to their finances,&#8221; said <b><span class=\"xn-person\">Anthony Soohoo<\/span>, Chief Executive Officer, MoneyGram<\/b>.\u00a0&#8220;Our expanding global network, present in nearly every country, is one of our most valuable assets. Through strategic alliances like this, we continue to grow our network, advancing MoneyGram&#8217;s mission to make cross-border payments seamless, affordable and secure for everyone.&#8221;<\/p>\n<p>This collaboration builds on the MoneyGram network, which extends across 200 countries and territories with approximately 450,000 retail locations and five billion digital endpoints. Mastercard Move has access to over 95% of the world&#8217;s banked population, reaching more than 180 countries and supporting over 150 currencies.<\/p>\n<p>&#8220;Unlocking more efficient and secure ways to send and receive money is critical for fueling entry into the digital economy,&#8221; said <b><span class=\"xn-person\">Chiro Aikat<\/span>, Co-President, <span class=\"xn-location\">United States<\/span>, Mastercard.<\/b> &#8220;By integrating Mastercard Move into MoneyGram&#8217;s vast network, we&#8217;re building in speed and added peace of mind into every transaction so that critical funds can get into hands when and where it&#8217;s needed.&#8221;<\/p>\n<p>\n        <b>About MoneyGram<br \/><\/b>MoneyGram\u00a0connects the world by making the movement of money across borders seamless, affordable and secure for everyone. Each year, the company serves more than 50 million people in over 200 countries and territories, processing over <span class=\"xn-money\">$200 billion USD<\/span> annually. MoneyGram\u00a0spans the globe with over 2,000 employees across 36 countries, representing more than 75 nationalities. Headquartered in <span class=\"xn-location\">Dallas, Texas<\/span>, and known for its strong and high-performing corporate culture globally, MoneyGram\u00a0has been named a recipient of the Top Workplaces <span class=\"xn-location\">USA<\/span> award for four consecutive years.<\/p>\n<p>\n        <b>About Mastercard<\/b> (NYSE: MA)<br \/>Mastercard\u00a0powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we&#8217;re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.<\/p>\n<p>Mastercard Move may be provided by Mastercard Transaction Services (US) LLC, NMLS ID# 900705, licensed as a Money Transmitter by the <span class=\"xn-location\">New York State<\/span> Department of Financial Services, or through its licensed subsidiaries. For complete licensing information visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4396927-1&amp;h=1286023010&amp;u=https%3A%2F%2Fb2b.mastercard.com%2Fcross-border-services%2Flegal%2F&amp;a=https%3A%2F%2Fb2b.mastercard.com%2Fcross-border-services%2Flegal%2F\" target=\"_blank\" rel=\"nofollow\">https:\/\/b2b.mastercard.com\/cross-border-services\/legal\/<\/a>\u00a0.<\/p>\n<p>\n        <b>MoneyGram Media Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Sydney Schoolfield<\/span><br \/>\n        <br \/>\n        <a href=\"mailto:media@moneygram.com\" target=\"_blank\" rel=\"nofollow\">media@moneygram.com<\/a>\n      <\/p>\n<p>\n        <b>Mastercard Media Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Jenna Saper<\/span><br \/>\n        <br \/>\n        <a href=\"mailto:Jenna.saper@mastercard.com\" target=\"_blank\" rel=\"nofollow\">Jenna.saper@mastercard.com<\/a>\n      <\/p>\n<p>\n        <sup>1<\/sup> Transaction approvals depend on the applicable payment network and receiving financial network. Actual posting times depend on the receiving financial institution.<\/p>\n<p>\n        <sup>2<\/sup>\u00a038 markets include: <span class=\"xn-location\">United States<\/span>, <span class=\"xn-location\">United Kingdom<\/span>, <span class=\"xn-location\">Costa Rica<\/span>, <span class=\"xn-location\">Sri Lanka<\/span>, <span class=\"xn-location\">Romania<\/span>, <span class=\"xn-location\">Poland<\/span>, <span class=\"xn-location\">Czech Republic<\/span>, <span class=\"xn-location\">Italy<\/span>, <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Jamaica<\/span>, <span class=\"xn-location\">El Salvador<\/span>, <span class=\"xn-location\">Panama<\/span>, <span class=\"xn-location\">Dominican Republic<\/span>, <span class=\"xn-location\">Georgia<\/span>, <span class=\"xn-location\">Honduras<\/span>, <span class=\"xn-location\">Ecuador<\/span>, <span class=\"xn-location\">Guatemala<\/span>, <span class=\"xn-location\">Spain<\/span>, <span class=\"xn-location\">Peru<\/span>, <span class=\"xn-location\">Kenya<\/span>, <span class=\"xn-location\">Portugal<\/span>, <span class=\"xn-location\">Singapore<\/span>, <span class=\"xn-location\">Zambia<\/span>, <span class=\"xn-location\">New Zealand<\/span>, <span class=\"xn-location\">Lithuania<\/span>, <span class=\"xn-location\">Slovakia<\/span>, <span class=\"xn-location\">Chile<\/span>, <span class=\"xn-location\">Finland<\/span>, <span class=\"xn-location\">Netherlands<\/span>, <span class=\"xn-location\">Latvia<\/span>, <span class=\"xn-location\">Cyprus<\/span>, <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">Hungary<\/span>, <span class=\"xn-location\">Slovenia<\/span>, <span class=\"xn-location\">Luxembourg<\/span>, <span class=\"xn-location\">Estonia<\/span>, <span class=\"xn-location\">Malta<\/span>, and <span class=\"xn-location\">Belgium<\/span>.<\/p>\n<p>\n        <sup>3<\/sup> Transaction approvals depend on the applicable payment network and receiving financial network. Actual posting times depend on the receiving financial institution.<\/p>\n<p>\n        <sup>4<\/sup> Endpoint availability dependent on the market.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/600838\/MoneyGram_Logo_2023.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/600838\/MoneyGram_Logo_2023.jpg\" title=\"MoneyGram Logo (PRNewsfoto\/MoneyGram)\" alt=\"MoneyGram Logo (PRNewsfoto\/MoneyGram)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA55718&amp;sd=2025-04-02\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement-302418494.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement-302418494.html<\/a><\/p>\n<p>SOURCE  MoneyGram<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA55718&amp;Transmission_Id=202504020900PR_NEWS_USPR_____DA55718&amp;DateId=20250402\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Expands financial access, providing customers worldwide with fast, secure and near real-time payments DALLAS and PURCHASE, N.Y., April 2, 2025 \/PRNewswire\/ &#8212;\u00a0MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and Mastercard (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard&#8217;s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments1. Through Mastercard Move, MoneyGram customers can use any U.S.-issued Mastercard card to send funds cross-border to 38 eligible receiving markets and counting2. Mastercard Move also supports the ability for MoneyGram customers to receive money through nearly 10 billion endpoints &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MoneyGram and Mastercard Collaborate to Advance Digital Money Movement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-833041","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MoneyGram and Mastercard Collaborate to Advance Digital Money Movement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Expands financial access, providing customers worldwide with fast, secure and near real-time payments DALLAS and PURCHASE, N.Y., April 2, 2025 \/PRNewswire\/ &#8212;\u00a0MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and Mastercard (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard&#8217;s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments1. Through Mastercard Move, MoneyGram customers can use any U.S.-issued Mastercard card to send funds cross-border to 38 eligible receiving markets and counting2. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/","og_locale":"en_US","og_type":"article","og_title":"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement - Market Newsdesk","og_description":"PR Newswire Expands financial access, providing customers worldwide with fast, secure and near real-time payments DALLAS and PURCHASE, N.Y., April 2, 2025 \/PRNewswire\/ &#8212;\u00a0MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and Mastercard (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard&#8217;s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments1. Through Mastercard Move, MoneyGram customers can use any U.S.-issued Mastercard card to send funds cross-border to 38 eligible receiving markets and counting2. Mastercard Move also supports the ability for MoneyGram customers to receive money through nearly 10 billion endpoints &hellip; Continue reading \"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-02T13:21:33+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2656029\/MoneyGram_x_Mastercard.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement","datePublished":"2025-04-02T13:21:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/"},"wordCount":746,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2656029\/MoneyGram_x_Mastercard.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/moneygram-and-mastercard-collaborate-to-advance-digital-money-movement\/","name":"MoneyGram and Mastercard Collaborate to Advance Digital Money Movement - 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