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KyckGlobal, MoneyGram International extend partnership

Tuesday 19 May 2020 08:09 CET | News

US-based KyckGlobal has expanded its partnership with MoneyGram International to expand its global payout network to other countries.

KyckGlobal is an outbound payments platform that features various payment types, based on a single point of reconciliation. MoneyGram is a cash payout service available in KyckGlobal’s cloud-based platform. It enables payees to receive their money from MoneyGram walk-in location across its global distribution network using a code sent to them from the platform through text message or email.

The newly-served countries are located in Eastern and Western Europe, where cash is a preferred mode to receive payments. KyckGlobal expects to offer the expanded service in the new countries from the second quarter of 2020, according to verdict.co.uk.

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Keywords: KyckGlobal, MoneyGram International, payout network, payments platform, cloud-based platform
Categories: Banking & Fintech | Payments General
Countries: World
This article is part of category

Banking & Fintech