Walmart, MoneyGram partner on new online money transfer platform

MoneyGram and Walmart on Tuesday announced the launch of a new state-of-the-art online money transfer platform that offers customers new features and a streamlined experience when sending money throughWalmart.moneygram.com.



"We are pleased to be a part of this exciting opportunity to help Walmart deliver a true omni-channel experience. For nearly 20 years MoneyGram and Walmart have worked together to provide our customers with the highest quality and most convenient financial services," stated Juan Agualimpia, MoneyGram's chief marketing officer and Walmart senior leader. "This new offering is a testament to our combined commitment to our customers."



"Improving the customer experience to save time as well as money is a priority for Walmart," added Kirsty Ward, senior director of financial services, Walmart U.S. "This new digital experience for MoneyGram transfers atWalmart.comis another example of delivering seamless solutions for customers wherever they choose to shop."



The upgraded Walmart.Moneygram.com site is built on MoneyGram's new cutting-edge MTaaS platform (Money Transfer as a Service). MTaaS extends the same convenient services as MoneyGram's website,moneygram.comto third party allies through a co-branded experience.



"We are pleased to build upon the investments we are making to our innovative online capabilities," said Alex Hoffmann, MoneyGram's chief product officer. "MTaaS offers a third party solution to our strategic business partners looking for a powerful online site to connect with customers that can also be branded and updated easily."



For customers, the site provides innovative features such as guest sending and MoneyGram's "Track a Transfer" tool when they need to send money to any of MoneyGram's estimated 350,000 locations as well as bank accounts around the globe through Walmart.Moneygram.com.