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MoneyGram and Mastercard Partner on Global Payment Expansion

Author

Slice of Finance Team
14 Apr

Key Highlights:

  • Near real-time transfers using U.S.-issued Mastercard cards

  • Access to 10 billion endpoints across 200+ countries

  • Enhanced financial access with low transaction fees

  • Secure transactions backed by trusted networks

  • Expansion of cross-border capabilities through 2025

Source: Direct

Notable Quotes:

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“We’re excited to work with Mastercard to empower individuals and communities around the world, expanding access and choice when it comes to their finances.”

Anthony Soohoo, Chief Executive Officer at MoneyGram
❝

“By integrating Mastercard Move into MoneyGram’s vast network, we’re building in speed and added peace of mind into every transaction...”

Chiro Aikat, Co-President, United States at Mastercard

Why This Matters:

This partnership between MoneyGram and Mastercard marks a significant advancement in global financial inclusion and digital payments. By leveraging Mastercard Move, customers now gain faster, more affordable access to cross-border transfers, which is critical in today’s increasingly connected and digital-first financial landscape. This collaboration expands the reach of trusted payment networks, ultimately helping individuals and communities around the world access the financial tools they need.