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MoneyGram

MoneyGram Reports Record 207% July Year-Over-Year Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business MoneyGram…

The Company reported 17% total year-over-year money transfer transaction growth in July, driven by its digital business which accelerated to 124% transaction growth and 109% revenue growth MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, reported record 207% July year-over-year cross-border digital transaction growth for MoneyGram Online, its direct-to-consumer digital business. This channel was the key driver of overall digital transaction growth of 124% that enabled 17%…

MoneyGram Digital Growth Maintains Strong Momentum and Market Expansion

The Company achieved 106% year-over-year digital transaction growth in June driven by strong demand for the mobile app, high customer retention rates, and continued digital market expansion MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, reported 106% year-over-year digital transaction growth in June as strong consumer demand for its leading digital capabilities and customer-centric app continues to grow. The company also announced the expansion of its consumer direct…

MoneyGram Partners with Digital Financial Services to Offer eWallet Services in UAE

Partnership will enable global cross-border peer-to-peer payments for eWallet subscribers MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, announced a partnership with Digital Financial Services LLC, a joint venture of Etisalat and also Noor Bank, which was acquired earlier this year by Dubai Islamic Bank. The partnership enables millions of eWallet customers to make cross-border money transfers in real-time to friends and family in over 200 countries and territories through…

MoneyGram Digital Business Achieves Triple-Digit Growth in May

The Company achieved 100% year-over-year digital transaction growth driven by its customer-centric app and strong demand for mobile wallet and bank account deposit services MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today reported 100% year-over-year digital transaction growth in May – a significant acceleration from the first quarter of 2020 where the company reported 57% growth. "I'm excited to report that our strong digital growth continued to accelerate in May,…

MoneyGram Partners with Korean Fintech, E9Pay

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today announced a partnership with E9Pay, one of the largest money transfer and payment fintech companies in Korea. The partnership enables E9Pay customers to connect to the MoneyGram platform and distribution network in over 200 countries and territories. The integration will especially benefit consumers who send money between Southeast Asia, Russia, and the Commonwealth of Independent States (CIS), which are the main corridors…

Daily MarTech Roundup: Latest News, Insights, Funding and Updates

Today’s Daily MarTech Round-up covers the latest in Cloud, Marketing Analytics, Automation, Customer experience AI and ML announcements from iPost, Nylas, Applied Systems, Oracle, and MoneyGram International. iPost Announces First-Ever In-Platform Email Integration with Campaign-Genius iPost, an enterprise email marketing and automation provider, announced a technology integration with Campaign-Genius, a dynamic content and visual automation platform for email, CRM, messaging and web. iPost is the first email service…

MoneyGram Direct-to-Consumer Digital Business Growth Continues to Accelerate

MoneyGram Online accelerated growth through February year-to-date, reporting nearly 60% year-over-year transaction growth driven by US-outbound and international corridors MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today reported nearly 60% year-over-year transaction growth for MoneyGram Online year-to-date through February – an acceleration from the fourth quarter of 2019 where the company reported 39% transaction growth. Importantly, these trends are continuing in…

MoneyGram Launches Referral Program to Grow Peer-to-Peer (P2P) Payments and Money Transfers

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today announced the launch of a new referral program, which provides MoneyGram users with discounts after referring new customers. "The launch of our customer-centric referral program supports our company strategy to accelerate digital growth," said Alex Holmes, MoneyGram Chairman and CEO. "Our customers continue to provide incredibly positive feedback on our leading digital capabilities, and we're excited to make it easier…

MoneyGram and EbixCash Sign Exclusive Strategic Agreement to Expand Presence in India

Millions of Consumers Across the EbixCash Network of More Than 75,000 Villages Will Access the MoneyGram Global Platform in a Partnership That Aims to Service $3 Billion in Annual Remittance Volumes EbixCash, a wholly-owned subsidiary of Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services, together with MoneyGram International, Inc., a global provider of innovative money transfer services, announced a strategic partnership to bring enhanced services to millions of consumers across…

MoneyGram Achieves Record Online Transaction Growth Over the Holidays

MoneyGram-branded online transactions increased over 70% during the holidays on a year-over-year basis as digital transformation accelerates MoneyGram announced record-breaking online transaction growth during the holiday shopping season from its MoneyGram-branded online platforms. Between December 1 and December 25, MoneyGram-branded online platforms reported transaction growth of more than 70 percent on a year-over-year basis, with 80 percent of online transactions initiated on a mobile device. Outside of the US, online…

MoneyGram and Wing to Launch a New Mobile Wallet Service in Cambodia

Allows customers to receive funds conveniently and directly at anytime MoneyGram International, Inc., one of the world's largest money transfer companies, announced that it is partnering with Wing (Cambodia) Limited Specialised Bank, Cambodia's leading mobile banking service provider, to offer a new service that will allow customers to receive funds directly into their mobile wallets. "With 80 percent of our online transactions being made on a mobile device, we are looking to provide even more options for our customers…