29 July 2016
Find out more

MoneyGram introduces new US-Mexico channel

19 May 2014  |  1203 views  |  0 Source: MoneyGram

MoneyGram (MGI), a leading global money transfer and payment services company announces a new channel to transfer money to Mexico at an unparalleled speed - in just 30 minutes.

The launch of this near real-time service provides customers with a fast and secure option to send funds through the trusted MoneyGram network. This new offering complements MoneyGram's strong bank account deposit network in Honduras, El Salvador and Guatemala.

"MoneyGram has an excellent track record in Mexico, recently achieving 31% year over year transaction growth in the first quarter. We are now focused on expanding self-service options for our customers who prefer to receive funds directly into their bank accounts," says Juan Agualimpia, Global CMO & EVP Latin America/Caribbean at MoneyGram. "MoneyGram's customers in Mexico can now choose between the most convenient cash pick-up network or the fastest account deposit service."

As of May 1st, MoneyGram customers can now send funds directly into accounts at all banks in Mexico and top banks in Honduras, El Salvador and Guatemala. During banking hours, these funds are deposited within the hour. Should a customer send funds after banking hours, funds will be credited the following morning. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit VocaLink.comFind out more

Top topics

Most viewed Most shared
satelliteContactless Bitcoin startup Plutus Tap &am...
9658 views comments | 10 tweets | 4 linkedin
Telefonica Germany launches Fidor-backed mobile banking serviceTelefonica Germany launches Fidor-backed m...
6892 views comments | 16 tweets | 22 linkedin
hands typing furiouslyManaging Big Data After Brexit
6133 views 0 | 6 tweets | 8 linkedin
UK and South Korea build 'fintech bridge'UK and South Korea build 'fintech bridge'
6002 views comments | 13 tweets | 14 linkedin
Groupe BPCE agrees to buy FidorGroupe BPCE agrees to buy Fidor
5616 views comments | 22 tweets | 36 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job