24 January 2017
visit http://www.wolterskluwerfs.com

MoneyGram introduces new US-Mexico channel

19 May 2014  |  1298 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 wavestone.co.ukVisit contisgroup.com

Top topics

Most viewed Most shared
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
10430 views comments | 61 tweets | 53 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
7056 views comments | 22 tweets | 23 linkedin
hands typing furiouslyBlockchain: Securities market infrastructu...
6252 views 0 | 3 tweets | 3 linkedin
New York regulator blasts OCC over bank charter plan for fintech firmsNew York regulator blasts OCC over bank ch...
6234 views comments | 21 tweets | 15 linkedin
China's Ant Financial goes global in bid for two billion users in 10 yearsChina's Ant Financial goes global in bid f...
5806 views comments | 22 tweets | 12 linkedin