Trustly, a global leader in innovative payment solutions, has announced a strategic partnership with MoneyGram International, Inc., a prominent financial technology company connecting communities worldwide. This collaboration brings cardless payment options to millions of MoneyGram users throughout Europe.
Through MoneyGram Online (MGO), the company’s flagship website and app, users can now make international money transfers directly from their bank accounts. Thanks to Trustly’s open banking platform, customers no longer need to manually input card information on the app, enhancing convenience and flexibility.
Jussi Lindberg, Chief Revenue Officer at Trustly Europe, expressed excitement about the partnership, highlighting MoneyGram’s early adoption of fast digital bank transfer payments. The collaboration aims to simplify money transfers for consumers by leveraging both companies’ cross-border capabilities and reliability.
Trustly’s cutting-edge payment infrastructure, powered by its proprietary data engine Azura, offers near-instant payments and top-notch KYC capabilities to financial institutions. High-profile tech and fintech firms like Dell Technologies, T-Mobile, Lyft, and now MoneyGram have chosen Trustly for its innovative solutions.
Sara Vassar, Chief Product Officer at MoneyGram, emphasized the company’s commitment to providing secure and convenient global money transfer services for customers’ evolving needs. The partnership with Trustly aims to streamline the money transfer process for more European consumers.
Initially available in select European regions, the partnership has expanded to include additional countries such as the United Kingdom and Germany in recent weeks. This collaboration is set to make cardless payments more accessible and convenient for MoneyGram users across Europe.
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