Enabling customers to stay financially connected in over 200 countries with just a few clicks on a mobile device or a tablet, MoneyGram.com is now available to customers sending money from France and Spain.
MoneyGram’s digital business reached its goal of 15% of total money transfer revenue in the third quarter of 2017 and it grew 23% from last year. The growth can be accredited to new customer acquisition. Building on this momentum with the expansion of online services other than UK and Germany, MoneyGram is looking to go digital.
According to Grant Lines, Chief Revenue Officer of MoneyGram.
“With nearly 60% of European internet users utilizing online services to perform transactions, we see the growing potential of digital money transfer channels. The launch of MoneyGram.com in France and Spain is a part of MoneyGram’s strategy to offer our customers convenient options to send money their way.”
In 48 countries around the world, MoneyGram.com enables customers to send money for cash pickup as well as to 2.4 billion bank, mobile, and virtual accounts. Offering features such as the ability to find a convenient location, checking the status of transactions, and estimate online and offline transfer fees, the MoneyGram.com is also available in English/Spanish and English/French.
Both Spain and France are “send” countries sending $16.5 billion and $20.7 billion outflows in 2016 respectively.
About MoneyGram International
Headquartered in the UK, MoneyGram is a marketing and promoting company of money payment systems and services. It provides its services worldwide. Incorporated in December 18, 2003 it mainly operates in mainly two segments namely Global Funds Transfer and Financial Paper Products.