{"id":92814,"date":"2021-02-25T16:54:00","date_gmt":"2021-02-25T12:57:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-moneygram-digital-business-continues-rapid-ascent-with-30-of-company-transactions-now-digital\/"},"modified":"2021-02-25T18:00:01","modified_gmt":"2021-02-25T22:00:01","slug":"moneygram-digital-business-continua-su-rapido-ascenso-y-el-30-de-las-transacciones-de-la-empresa-ahora-son-digitales","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/moneygram-digital-business-continua-su-rapido-ascenso-y-el-30-de-las-transacciones-de-la-empresa-ahora-son-digitales\/","title":{"rendered":"MoneyGram Digital Business Continues Rapid Ascent with 30% of Company Transactions Now Digital"},"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><i>MoneyGram Online (MGO), the Company&#8217;s direct-to-consumer digital business, delivered 137% year-over-year cross-border transaction growth in January, its 13<sup>th<\/sup>\u00a0consecutive month of triple-digit growth<\/i><\/p>\n<p><i>Growth has also been led by the Company&#8217;s leading app as <\/i><i>app transactions increased 161% year-over-year<\/i><\/p>\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Feb. 25, 2021<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered 137% year-over-year cross-border transaction growth for January in its direct-to-consumer digital business, MoneyGram Online (MGO), marking the thirteenth consecutive month of triple-digit year-over-year cross-border transaction growth in the channel. The Company&#8217;s consumer-centric app helped drive MGO growth as app transactions increased 161% year-over-year in January. Additionally, the Company announced another important milestone on its digital transformation journey as digital transactions accounted for a record 30% of all money transfer transactions in January.<\/p>\n<div id=\"prni_dvprnejpgf014left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpgf014left\" title=\" \" border=\"0\" alt=\" \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/1167116\/MoneyGram_Phone_App.jpg \"\/><\/div>\n<p>&#8220;We&#8217;re pleased to report a strong start to the year, which demonstrates sustained momentum in consumer demand for our leading app and continued market share gains,&#8221; said <span class=\"xn-person\">Alex Holmes<\/span>, MoneyGram Chairman and Chief Executive Officer. &#8220;This has also brought our digital business to 30% of all money transfer transactions, resulting in a size and scale that has redefined MoneyGram&#8217;s business.&#8221;<\/p>\n<p>The Company&#8217;s strong January results come on the heels of strong fourth quarter and full-year 2020 financial results. Earlier this week, MoneyGram reported a record number of digital customers in the fourth quarter of last year and 152% year-over-year cross-border transaction growth in MGO for the full-year. These results continue to be led by record digital growth and successful expense control measures. <\/p>\n<p>&#8220;As MoneyGram leads the evolution of digital cross-border P2P payments and money transfers, we continue to execute our strategy to deliver the industry&#8217;s best customer experience,&#8221; said <span class=\"xn-person\">Kamila Chytil<\/span>, MoneyGram Chief Operating Officer. &#8220;Our January results are yet another example of how our customer-centric app is delivering industry leading returns on investment and driving strong customer lifetime value.&#8221;<\/p>\n<p><b>About MoneyGram International, Inc.<br \/><\/b>MoneyGram is 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 90 now digitally enabled.<\/p>\n<p>MoneyGram leverages 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, MoneyGram is leading the evolution of digital P2P payments.<\/p>\n<p>For more information, please visit MoneyGram.com and follow @MoneyGram.<\/p>\n<p><b>Media Contact<br \/><\/b><span class=\"xn-person\">Stephen Reiff<\/span><br \/><a target=\"_blank\" href=\"mailto:Media@MoneyGram.com\" rel=\"nofollow\">Media@MoneyGram.com<\/a><\/p>\n<div id=\"prni_dvprnejpg8352left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg8352left\" title=\"MoneyGram Logo\" border=\"0\" alt=\"MoneyGram Logo\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/600838\/MoneyGram_International_Logo.jpg\"\/><\/div>\n<p>Photo &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3079080-1&amp;h=3960910738&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> <br \/>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3079080-1&amp;h=88341570&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>SOURCE  MoneyGram<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><i>MoneyGram Online (MGO), the Company&#8217;s direct-to-consumer digital business, delivered 137% year-over-year cross-border transaction growth in January, its 13<sup>th<\/sup>\u00a0consecutive month of triple-digit growth<\/i><\/p>\n<p><i>Growth has also been led by the Company&#8217;s leading app as <\/i><i>app transactions increased 161% year-over-year<\/i><\/p>\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Feb. 25, 2021<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":92815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-92814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/92814","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=92814"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/92814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/92815"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=92814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=92814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=92814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}