MoneyGram, Visa partner to launch peer-to-peer payment solution for Vietnam

Wednesday 3 February 2021 08:38 CET | News

MoneyGram and Visa have partnered to launch a real-time peer-to-peer payment solution for Vietnam.

This integration in the partnership between MoneyGram, Visa, Sacombank, and other banks across the country enables customers to transfer money from the US, UK, and 18 European countries to Vietnam through Visa Direct. Consumers can transfer money digitally through the MoneyGram mobile app or website to arrive almost instantly to any Visa cardholder located in Vietnam.

With Visa Direct, customers can now transfer up to USD 2,500 per transaction and USD 10,000 per day. Until the end of June 2021, consumers can send money to a Visa debit card in Vietnam without incurring a transfer fee.

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Keywords: MoneyGram, Visa, partnership, Vietnam, Asia, P2P payments, money transfers, banks, Sacombank, mobile payments, online payments
Categories: Payments & Commerce
Countries: Vietnam
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