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Payments News » MoneyGram and Canada Post Introduce a New Digital Money Transfer Service

MoneyGram (NASDAQ: MGI ) a global provider of innovative money transfer services, has announced a new digital money transfer service with Canada Post , enabling money transfer consumers to start a transaction online and conveniently complete it at select Canada Post locations. To initiate a transaction, consumers simply visit, create a profile, start a transaction and choose the ‘Cash at a Location’ option. From there, users visit one of Canada Post’s more than 5,200 locations that offer MoneyGram services to complete their transaction. For added convenience and security, consumers can use the provided barcode, which contains their transaction details.”

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