
MoneyGram and Mastercard Partner on Global Payment Expansion
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
Quotes
“ “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
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.