This represents the first phase of a rollout that will also include the ability for PayPal customers to load funds into their accounts at various MoneyGram US locations by the end of 2013.
PayPal customers are also set to be able to load money into their accounts at select MoneyGram locations in Dallas, New York and San Francisco, with additional locations scheduled to be rolled out during 2013.
A newly launched, co-branded website provides step-by-step instructions for loading and sending funds to a PayPal account at select MoneyGram locations. Consumers also can use the site to initiate a cash withdrawal from their PayPal account. The funds will be available for pick-up at a MoneyGram location.
In recent news, MoneyGram has revealed plans to purchase Nexxo Financial’s money transfer kiosk business and to become the preferred money transfer and bill payment partner for Nexxo Financial.
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