(RTTNews) - Mastercard Inc. (MA), Wednesday announced a collaboration with MoneyGram, a financial technology company, to advance the digital money movement both domestically and internationally.
Under this partnership, MoneyGram customers can use any U.S.-issued Mastercard card to send funds cross-border to 38 eligible receiving markets. Also, the customers can receive money through nearly 10 billion endpoints worldwide.
This collaboration aims to offer speedy, convenient, safe, cost-effective, and accessible payment mode.
In the pre-market hours, MA's stock is trading at $544.03, down 0.82 percent on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
