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MoneyGram Partners with Paymaya: Real-Time US-Ph Fund Transfer

MoneyGram International, Inc. announced a partnership with the PayMaya Philippines to launch its service allowing OFWs based in the US to send their cash remittances to their loved ones via PayMaya.

The transaction will be hosted by Visa’s real-time push-payment solution, Visa Direct. And, MoneyGram was the first in the industry to enable Visa’s real-time push-payment solution.

“We are glad to offer another convenient way for PayMaya account holders to receive funds from the United States through our partnership with MoneyGram and Visa,” says Shailesh Baidwan, PayMaya President.

Visa Country Manager for Philippines and Guam, Dan Wolbert, “We are pleased to work with PayMaya and MoneyGram to enable Visa cardholders in the Philippines to receive funds from family and loved ones in the US.”

“In this digital age, it’s important to introduce solutions to benefit cardholders’ lives, including making cross-border remittances hassle-free and efficient,” he added.

Now, Filipinos living and working in the United States can use MoneyGram to send money via Visa Direct, either on MoneyGram’s website or mobile app, to any PayMaya account holder in the Philippines using their 16-digit Visa physical or virtual card number.

According to MoneyGram Chief Operating Officer, Kamila Chytil, “Our digital business is delivering phenomenal growth, enabling consumers to receive money directly into their bank accounts.”

“I’m excited about how this latest integration with PayMaya will improve the customer experience and drive digital growth,” she added.