Moneygram partners with Facebook payments platform PicomoPay

Tuesday 29 April 2014 00:58 CET | News

MoneyGram, a global money transfer and payment services company, has teamed up with PicomoPay, a social and mobile payments platform integrated within Facebook, to allow its consumers in the US to send money transfers via PicomoPays Facebook application.

The service enables US customers to send money transfer to 336,000 MoneyGram agent locations in 200 countries.

PicomoPay allows consumers to conduct person-to-person payments funded by their PicomoPay Digital Wallet, and to buy and send virtual gift cards on Facebook.

The social media service will be available to consumers in May.

In recent news, MoneyGram has entered into an agreement with Brazil-based Confidence Câmbio, a foreign currency exchanges and transactions provider.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MoneyGram, Facebook, payments , payments platform, PicomoPay, virtual gift cards
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce