MoneyGram signs agreement with Univision MasterCard Prepaid Card

Agreement with Univision Enterprises

Global money transfer company MoneyGram  has signed an agreement with Univision Enterprises to create a MoneyGram link on Univision’s MasterCard Prepaid Card “Tarjeta Prepagada” page. Through this link, Univision’s Prepaid MasterCard account holders can connect to MoneyGram to complete money transfers and expedite bill payments using their Univision Prepaid MasterCard.

This agreement leverages the resources of Univision with the world’s second-largest global money transfer company. The MoneyGram network currently has more than 310,000 locations in 197 countries.

Scott Scovel, vice president and general manager of Univision Direct, at Univision Communications Inc. said: “Adding MoneyGram’s money transfers and expediated bill pay services give current and prospective users valuable and convenient services in one single location.”

The company recently reported strong performance from its online, kiosk and mobile alliances, including online transaction growth of 58% with revenue growth of 23%, both of which accelerated greatly from the third quarter.

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