{"id":83579,"date":"2020-08-13T13:42:00","date_gmt":"2020-08-13T12:18:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-moneygram-reports-record-207-july-year-over-year-cross-border-transaction-growth-in-its-direct-to-consumer-digital-business-moneygram-online\/"},"modified":"2020-08-13T13:45:02","modified_gmt":"2020-08-13T17:45:02","slug":"moneygram-registra-un-crecimiento-interanual-record-del-207-en-transacciones-transfronterizas-en-julio-en-su-negocio-digital-directo-al-consumidor-moneygram-online","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/moneygram-registra-un-crecimiento-interanual-record-del-207-en-transacciones-transfronterizas-en-julio-en-su-negocio-digital-directo-al-consumidor-moneygram-online\/","title":{"rendered":"MoneyGram Reports Record 207% July Year-Over-Year Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business MoneyGram Online"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Aug. 13, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; MoneyGram International, Inc.\u00a0(NASDAQ:\u00a0MGI), a global leader in cross-border P2P payments and money transfers,\u00a0today reported record 207% July year-over-year cross-border digital transaction growth for MoneyGram Online, its direct-to-consumer digital business. This channel was the key driver of overall digital transaction growth of 124% that enabled 17% total money transfer transaction growth in July, an acceleration from 10% year-over-year money transfer transaction growth in June.<\/p>\n<div id=\"prni_dvprnejpg829dleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg829dleft\" title=\" \" style=\"HEIGHT: 400px; WIDTH: 290px\" border=\"0\" alt=\" \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/1167116\/MoneyGram_Phone_App.jpg\"\/><\/div>\n<p>&#8220;Even in these challenging times, we delivered record digital transaction growth in July that accelerated to 124%,&#8221; said <span class=\"xn-person\">Alex Holmes<\/span>, MoneyGram Chairman and CEO. \u00a0&#8220;After reporting a strong June where the Company returned to year-over-year global revenue growth, we&#8217;ve continued to see the underlying momentum in our business strengthen as our customer-centric digital transformation drives extremely strong results.&#8221;<\/p>\n<p>Overall year-over-year July digital transaction growth of 124% and digital revenue growth of 109% was driven by the following components:<\/p>\n<ul type=\"disc\">\n<li><b>MoneyGram Online<\/b>, the Company&#8217;s direct-to-consumer channel, delivered 126% year-over-year transaction growth in July, led by cross-border transaction growth of 207% as strong adoption of the MoneyGram app continues to grow in markets around the world;\n<\/li>\n<li><b>Digital partnerships<\/b> delivered 101% year-over-year transaction growth in July, an acceleration from 97% year-over-year transaction growth in the second quarter\n<\/li>\n<li><b>Account deposit and mobile wallet<\/b> transactions increased 165% in July, which is an acceleration from the second quarter where the Company reported 148% year-over-year transaction growth. Growth has been driven by markets such as <span class=\"xn-location\">India<\/span> where sends to bank accounts increased more than 320% compared to the prior year. <\/li>\n<\/ul>\n<p>&#8220;Led by the industry&#8217;s best mobile app and leading partnership platform, our digital business is generating tremendous value for customers and shareholders alike,&#8221; said <span class=\"xn-person\">Kamila Chytil<\/span>, Chief Operating Officer and leader of the company&#8217;s digital business. &#8220;Our growing customer base of millions of users is an incredible growth engine for the company, and we remain focused on further accelerating this strong digital growth.&#8221;<\/p>\n<p><b>About\u00a0MoneyGram International, Inc.<\/b><\/p>\n<p>MoneyGram\u00a0is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 70 countries now digitally enabled.<\/p>\n<p>MoneyGram\u00a0leverages its modern, mobile, and API-driven platform and collaborates with the world&#8217;s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.<\/p>\n<p>With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world&#8217;s best customer experience,\u00a0MoneyGram\u00a0is leading the evolution of digital P2P payments.<\/p>\n<p>For more information, please visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2884976-1&amp;h=1379448823&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2754567-1%26h%3D2079308765%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D2742338-1%2526h%253D1671042154%2526u%253Dhttp%25253A%25252F%25252Fwww.moneygram.com%25252F%2526a%253Dmoneygram.com%26a%3Dmoneygram.com&amp;a=moneygram.com\" rel=\"nofollow\">moneygram.com<\/a><\/u>\u00a0and follow @<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2884976-1&amp;h=368799828&amp;u=https%3A%2F%2Fbit.ly%2FTwitterMGBP&amp;a=MoneyGram\" rel=\"nofollow\">MoneyGram<\/a>.<\/p>\n<p>Contact:<br \/><span class=\"xn-person\">Stephen Reiff<\/span><br \/><u><a target=\"_blank\" href=\"mailto:Media@MoneyGram.com\" rel=\"nofollow\">Media@MoneyGram.com<\/a><\/u><\/p>\n<div id=\"prni_dvprnejpg4ccfleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg4ccfleft\" title=\"MoneyGram Logo\" style=\"HEIGHT: 96px; WIDTH: 400px\" border=\"0\" alt=\"MoneyGram Logo\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/600838\/MoneyGram_International_Logo.jpg\"\/><\/div>\n<p>Foto &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2884976-1&amp;h=3865381762&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1167116%2FMoneyGram_Phone_App.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1167116%2FMoneyGram_Phone_App.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/1167116\/MoneyGram_Phone_App.jpg<\/a>\u00a0 <br \/>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2884976-1&amp;h=254821458&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F600838%2FMoneyGram_International_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F600838%2FMoneyGram_International_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/600838\/MoneyGram_International_Logo.jpg<\/a><\/p>\n<p>\u00a0<\/p>\n<p>SOURCE  MoneyGram<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Aug. 13, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; MoneyGram International, Inc.\u00a0(NASDAQ:\u00a0MGI), a global leader in cross-border P2P payments and money transfers,\u00a0today reported record 207% July year-over-year cross-border digital transaction growth for MoneyGram Online, its direct-to-consumer digital business. This channel was the key driver of overall digital transaction growth of 124% that enabled 17% total money transfer transaction growth in July, an acceleration from 10% year-over-year&#8230;<\/p>\n","protected":false},"author":1,"featured_media":83580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-83579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/83579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=83579"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/83579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/83580"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=83579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=83579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=83579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}