US News

MoneyGram.com now open to users in France and Spain

Customers sending international payments from France and Spain can now take advantage of MoneyGram's award-winning digital platform, MoneyGram.com. The expanded service makes it easier for users in those countries to send funds abroad to more than 200 countries and territories all over the world with a few simple clicks from a smartphone or mobile device.
By Nigel Frith | | US | See more in News

Flywire targets tuition and healthcare payments with OnPlan acquisition

Since 2009, money transfer service Flywire has been making this process easier for international patients and students by working with receiving institutions to manage account balances and simplify international payments for customers. Now the money transfers firm is acquiring OnPlan Holdings LLC to offer students and patients effective payments services for US-based colleges and medical facilities.
By Nigel Frith | | US | See more in News

iFresh to offer Western Union services instore

Popular Asian American grocery chain iFresh Inc. has announced a new partnership with Western Union, a global leader in remittances and international money transfer services. Under the agreement, iFresh retail locations will offer shoppers a range of Western Union services instore, including money transfers, money orders and bill pay. Customers will find it easier than ever to send money abroad or receive money from overseas in the same place where they shop for groceries.
By Nigel Frith | | US | See more in News

Managing cross-border tuition payments

According to the US News and World Report, Florida Institute of Technology had the highest international student enrollment of any American college or university during the 2016-2017 school year. Roughly 33% of Florida Tech's student body hails from overseas, and the school has worked hard to make financial transactions easier for its international students.
By Nigel Frith | | US | See more in News

PayPal engineer develops RaiBlocks checkout app

Daniel Brain, PayPal’s lead engineer of Checkout, has created BrainBlocks, a simple app for handling RaiBlocks cryptocurrency checkouts and money transfers. For a long time, Bitcoin has been confronted with the problem of not being able to handle a large volume of money transfers. In fact, that number can be rather limited. To make matters worse, some of these transactions can take hours to come through, and users are charged around $15 for every transaction.
By Nigel Frith | | US | See more in News

Alipay moving into US retail

Alipay recently announced a partnership with French clothing brand Lacoste that will let shoppers use Alipay to make purchases in certain US retail stores. The international payments platform will be the exclusive partner of Lacoste, using Verifone technology to enable Alipay QR code payments at mobile point of sale terminals (mPOS) in retail outlets.
By Nigel Frith | | US | See more in News

MoneyGram and Ripple announce test partnership

Blockchain company Ripple has announced a partnership with funds transfer powerhouse MoneyGram. The agreement represents a significant shift, as MoneyGram will be one of the first to implement the use of XRP, Ripple's digital currency, in its services. XRP has faced serious questions about its practicality, despite its rapid increase in value.
By Nigel Frith | | US | See more in News

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