December 10, 2019 BY Valentina Kirilova

Visa and MoneyGram team up for cross-border debit card push payments

MoneyGram International, Inc. (NASDAQ:MGI) will team up with Visa Inc. (NYSE:V) to enhance its person-to-person (P2P) debit card deposit service internationally. The pilot program will initially focus on payments to Spain and to the Philippines. Plans are to expand to other jurisdictions soon thereafter. MoneyGram, like its direct competitor Western Union, has always tried to…

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