MoneyGram is joining Tempo as its anchor remittance validator, actively contributing to the network’s operation, security and reliability.
Kraken, one of the world's longest-standing, most secure and most liquid crypto platforms, and MoneyGram, one of the world's leading global payments networks, announced a new strategic global partnership. Through this partnership, millions of Kraken customers will be able to withdraw crypto as cash in hundreds of fiat currencies, spanning more than 100 countries worldwide using MoneyGram's extensive global cash pickup network.
MoneyGram announced the global launch of modernized retail solutions, built on Stripe, marking a step forward in its strategy to deliver a unified, omnichannel experience for customers worldwide. As MoneyGram continues to modernize one of the world's largest physical payment networks, the launch upgrades its global retail footprint with a modern payments infrastructure and the best point-of-sale technology in the industry.
MoneyGram announced it had launched its own U.S. dollar-backed stablecoin on the Stellar blockchain. The stablecoin, dubbed MGUSD, will be embedded into the MoneyGram app, allowing customers to hold a dollar-denominated balance in a self-custodial wallet and transfer funds through the company's global payments network.
In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Anthony Soohoo, Chairman and CEO of MoneyGram, who joined the company to refound its 85-year-old network for the stablecoin and AI era. They unpack how MoneyGram's network of 500,000 retail locations across 200 countries is becoming an API layer for stablecoins, why "cash is our inventory" reframes treasury for the blockchain era, and why building this kind of regulated footprint takes "three or four decades" to map the world.
MoneyGram CEO Anthony Soohoo joins Dani Burger on Bloomberg Open Interest to talk about why cash still dominates globally despite the crypto boom. He reveals how MoneyGram’s 500,000 retail locations give it a unique edge. Plus, why the company’s Kraken partnership could reshape crypto spending worldwide.
Choosing cash pickup, bank transfer, or mobile wallet in India? Compare access, timing, and cost to find what works for your recipient.
Compare cash pickup, direct to bank and mobile wallet for sending money to Mexico, including access, timing, cost, and recipient needs.
If someone is picking up a MoneyGram transfer in cash, they’ll need two things: the reference number from the sender and an accepted government-issued photo ID. The name on the transfer also needs to match the name on the ID they bring. So if you’re wondering what ID you need to pick up a money transfer, it’s worth checking before anyone heads to a location. Accepted documents can vary by country, and a name mismatch can prevent the money from being collected.
