The two companies thus seek to provide financially underserved consumers with a means to fund their Visa reloadable prepaid cards. Under the terms of the deal, MoneyGram is set to allow Visa ReadyLink-enabled prepaid cardholders to reload their cards in all locations which offer MoneyGram Money Transfer and ExpressPayment services. Prior to the agreement, Visa ReadyLink cardholders could reload their cards at around 8,000 US participating locations.
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