MoneyGram Expands Europe Reach With Plaid's Open Banking
MoneyGram, a global leader in cross-border P2P payments, has expanded its partnership with Plaid, a leading open banking infrastructure provider, to Europe. This move supports MoneyGram's vision of a borderless financial world and enhances its commitment to security and customer protection.
The expanded partnership follows the successful U.S. launch and allows MoneyGram to leverage Plaid's Pay by Bank feature, which is increasingly popular for quick and friction-free money movement across Europe and beyond.
MoneyGram's extensive global network, spanning over 200 countries and territories, approximately 500,000 retail locations, and over five billion digital touchpoints, will now be bolstered by connections with major European banks. Through Plaid's open banking technology, MoneyGram has linked with banks such as Barclays, Lloyds, and Santander, enabling payment processing. This integration aims to make cross-border money movement simple, reliable, and affordable for everyone.
With this expansion, MoneyGram customers in Europe can now connect and authenticate their bank accounts through Plaid's open banking technology for international payments. The partnership with Plaid reinforces MoneyGram's commitment to providing secure and convenient cross-border payment solutions, further solidifying its position in the global financial landscape.
Read also:
- West Virginia Governor's Revived Board Sparks Legal Concerns Amidst US Clean Energy Push
- Trump and Xi speak over the phone, according to China's confirmation.
- Unlawful MMO gold peddler cultivates around half a million dollars in income, triggering a tax dispute, followed by developers unveiling strategies to clamp down on real-world transactions
- Prices of transit tickets in Berlin and Brandenburg are on the rise
