The integration enables users of MGO to make payments directly from their bank accounts.
Trustly's data engine Azura offers contemporary bank payment infrastructure.
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.
Open Banking Platform Enhances Payment Process for Users
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.
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.”
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.
Open Banking Platform Enhances Payment Process for Users
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.
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.”
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.
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!