Trustly has revealed a collaborative venture with MoneyGram
International, Inc. (“MoneyGram”), a global financial technology
enterprise fostering connectivity among diverse communities worldwide. This
partnership aims to introduce cardless payment options for numerous users
throughout Europe.
MoneyGram is set to incorporate cardless payments into its
services, catering to the preferences of its extensive user base across Europe.
This integration allows users of MoneyGram Online (“MGO”), the
company’s flagship website and application, to leverage the convenience of
direct bank account payments. Through Trustly’s open banking platform, MGO
users can now circumvent the manual entry of card details within the app,
thereby enhancing flexibility and streamlining the transaction process.
Sara Vassar, Chief Product Officer at MoneyGram, Source: LinkedIn
Trustly’s capabilities, underscored by its proprietary data
engine, Azura, provide financial institutions with a contemporary pay-with-bank
infrastructure. This infrastructure is characterized by its ability to
facilitate near-instant payments and uphold best-in-class Know Your Customer
standards. Notably, Trustly has garnered recognition from esteemed tech
and fintech entities such as Dell Technologies, T-Mobile, Lyft, and now MoneyGram, solidifying its position as a preferred partner in the industry.
Sara Vassar, the Chief Product Officer at MoneyGram, said: “For over eight decades, MoneyGram has been at the forefront
of innovative, secure and convenient global money transfer solutions, meeting
the dynamic needs and preferences of our customers. We’re excited to partner
with Trustly to continue to streamline the money transfer process for more
consumers across Europe.”
💸 .@Trustly has announced its collaboration with @MoneyGram, aiming to introduce #cardless #payments for the latter’s users across #Europe.
Read The Paypers: https://t.co/ubAz9Qh9rf #thepaypers #paymentsnews #financialnews #onlinepayments #partnershop #paymentmethods pic.twitter.com/WZoNFzdGSg
— The Paypers (@ThePaypers) March 20, 2024
Expansion of Collaborative Initiative Broadens Access across
Europe
Initially accessible in select European locales, this
collaborative initiative has recently expanded its reach to encompass
additional countries, including the United Kingdom and Germany, over the past
month. This extension reflects the partners’ shared commitment to broadening
accessibility and fostering convenience for users across diverse geographical
regions.
Trustly has revealed a collaborative venture with MoneyGram
International, Inc. (“MoneyGram”), a global financial technology
enterprise fostering connectivity among diverse communities worldwide. This
partnership aims to introduce cardless payment options for numerous users
throughout Europe.
MoneyGram is set to incorporate cardless payments into its
services, catering to the preferences of its extensive user base across Europe.
This integration allows users of MoneyGram Online (“MGO”), the
company’s flagship website and application, to leverage the convenience of
direct bank account payments. Through Trustly’s open banking platform, MGO
users can now circumvent the manual entry of card details within the app,
thereby enhancing flexibility and streamlining the transaction process.
Sara Vassar, Chief Product Officer at MoneyGram, Source: LinkedIn
Trustly’s capabilities, underscored by its proprietary data
engine, Azura, provide financial institutions with a contemporary pay-with-bank
infrastructure. This infrastructure is characterized by its ability to
facilitate near-instant payments and uphold best-in-class Know Your Customer
standards. Notably, Trustly has garnered recognition from esteemed tech
and fintech entities such as Dell Technologies, T-Mobile, Lyft, and now MoneyGram, solidifying its position as a preferred partner in the industry.
Sara Vassar, the Chief Product Officer at MoneyGram, said: “For over eight decades, MoneyGram has been at the forefront
of innovative, secure and convenient global money transfer solutions, meeting
the dynamic needs and preferences of our customers. We’re excited to partner
with Trustly to continue to streamline the money transfer process for more
consumers across Europe.”
💸 .@Trustly has announced its collaboration with @MoneyGram, aiming to introduce #cardless #payments for the latter’s users across #Europe.
Read The Paypers: https://t.co/ubAz9Qh9rf #thepaypers #paymentsnews #financialnews #onlinepayments #partnershop #paymentmethods pic.twitter.com/WZoNFzdGSg
— The Paypers (@ThePaypers) March 20, 2024
Expansion of Collaborative Initiative Broadens Access across
Europe
Initially accessible in select European locales, this
collaborative initiative has recently expanded its reach to encompass
additional countries, including the United Kingdom and Germany, over the past
month. This extension reflects the partners’ shared commitment to broadening
accessibility and fostering convenience for users across diverse geographical
regions.
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- Source: https://www.financemagnates.com//fintech/payments/moneygram-introduces-cardless-payments-with-trustly-across-europe/
