MoneyGram teams up with WorldPay on money transfer service

Global money transfer service MoneyGram has entered a strategic partnership with WorldPay, a global company in payment processing, risk and alternative payments to expand MoneyGram’s direct-to-account money transfer service in up to 50 countries globally.

Under the partnership, WorldPay will manage the payout interfaces for MoneyGram, providing MoneyGram with a single integration and connection point, allowing MoneyGram customers can send funds directly into a person’s account at a participating bank quickly and conveniently.

by Alice Lee