MoneyGram Opens Crypto-To-Cash Service on Stellar Network in the Philippines
The service was launched after the partnership of MoneyGram and Stellar Development Foundation (SDF).
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Moneygram
Report: Quiet Q1 2020 for Ripple-MoneyGram Partnership
The MoneyGram CEO stated that what they have with Ripple is a “good partnership” and he expects they will generate profits on “new services and new corridors”.
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MoneyGram Sells XRP as Soon as They Receive It
In using the ODL platform, MoneyGram said it expects this partnership will allow them to reduce their working capital needs, generate earnings, and provide cash flow.
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Visa, Not Ripple, is Powering New MoneyGram Real-Time Remittance Tech
FastSend allows MoneyGram customers to send money to a phone number in real-time via a website or a mobile app. The service is using Visa’s “Direct Original Credit Transaction” so that the funds are delivered to a bank account through a debit card deposit.
Read more How Ripple Powers Moneygram’s Cross Border Payments
Ripple noted how payments across borders have been slow and marked by friction in the past 20 years.
Read more Moneygram Partners With Ripple
Moneygram partners with Ripple to facilitate faster cross-border money transfer.
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