MoneyGram International, a provider of payment services, and Visa plan to introduce Visa ReadyLink, Visa’s prepaid load network, in MoneyGram’s 40,000 agent locations across the US, providing financially underserved consumers with convenient options to add funds to their Visa reloadable prepaid cards.
By becoming a Visa ReadyLink participant, MoneyGram enables consumers with any Visa ReadyLink-enabled prepaid card to add funds, in real-time, anywhere MoneyGram Money Transfer and ExpressPayment are offered.
MoneyGram joins more than 8,000 participating Visa ReadyLink locations, further extending the security of reload services to Visa prepaid cardholders in convenient, everyday shopping locations.
Elizabeth Buse, global head of products at Visa, said: By making Visa ReadyLink available in MoneyGram’s locations, we are able to offer greater access and convenience to Visa prepaid cardholders seeking a better alternative to a cash-and-carry lifestyle.
Greg Waltz, vice president and general manager of payment products at MoneyGram, said: “Our relationship with Visa strengthens our ability to provide consumers with even more convenient options to manage their finances, which is especially critical in the current economic environment.
MoneyGram is proud to participate in Visa ReadyLink, and we look forward to providing Visa ReadyLink cardholders with more convenient locations to add funds to their cards.