MoneyGram International Expands Real-Time P2P Payments Throughout Europe
MoneyGram International (NASDAQ: MGI) continues its efforts to profit from the lucrative market for cross-border remittances. The payments specialist announced Friday that it is expanding its Visa (NYSE: V) debit card deposit service across Europe.
This effort is being made in collaboration with Checkout.com, whose solutions will help get MoneyGram payments made through the system into the hands of recipients in what the latter promises as "near real-time."
MoneyGram said its expansion means that users can effect such payments through its mobile app or web portal from 25 European countries.
Source Fool.com
