Money transfer firm MoneyGram has extended its MobilePass digital money transfer service to its entire network in the US.
The service that was launched in 2016 as a pilot program inside more than 3,000 locations is now available at more than 35,000 agent locations across the US.
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MoneyGram MobilePass service enables clients to initiate a transaction on their mobile device or online and pay for the transaction at one of the company’s thousands of locations across the US.
MoneyGram head of revenue for the Americas and Europe Pete Ohser said: “Innovation is at the core of our business and the ability to fuse digital solutions with a strong physical network of agent locations around the world sets MoneyGram apart from our competitors. MoneyGram.
“MobilePass is another example of our commitment to connecting friends and family around the world in any way that is convenient for them.”
Chinese firm Ant Financial, which operates mobile payment service Alipay, agreed to acquire MoneyGram for $880m In January this year. In April, Ant Financial increased its bid by 36% from $880m to $1.2bn.
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By GlobalData
