9 Sep

MoneyGram Teams With Visa On P2P Debit Card Deposits

MoneyGram and Visa Direct have formed a strategic partnership to roll out a new debit card deposit service, the companies announced in a Sept. 9 press release.

The person-to-person (P2P) money transfer option offers U.S. consumers a way to send money domestically through MoneyGram to a recipient’s eligible debit card.

“We strive to create the best possible experience for sending and receiving money, and this new product offering empowers our customers by giving them yet another way to send money to friends and family,” said MoneyGram Chairman and CEO Alex Holmes. “And in partnering with Visa, the world’s leader in digital...


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