MoneyGram International has collaborated with CellPay to extend its payment option to over 30,000 billers in the United States. More bill payment alternatives are now available to MoneyGram users through both physical and digital methods.
CellPay is a major player in the prepaid market and a FinTech solution provider for the unbanked/undocumented and underbanked. It was created to meet customer needs by providing complete individual and B2B solutions to our loyal customer base through our flexible, strong bespoke portal.
Parvez Jasani, CellPay Chairman and CEO, said, “We are excited to partner with MoneyGram and provide the company’s extensive consumer base with new bill payment options. This will lead to new revenue streams for both companies and expand MoneyGram’s bill payment footprint to be much larger than its competitors.”
The collaboration speeds up the expansion of both businesses in the bill payment industry. Through its API-driven infrastructure and technologies, MoneyGram is increasing the number of bill payments it processes.
As a result of having access to MoneyGram Online, the company’s top website and mobile app, CellPay can give its customers more options while also having access to over 25,000 MoneyGram retail locations across the United States. In Q1 2023, the collaboration is anticipated to go active for customers.
MoneyGram provides financial solutions to link the world, specializing in digital P2P payments. The company serves consumers through its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers by leveraging its mobile and API-driven platform and working with leading brands. Additionally, it provides blockchain-enabled settlement and innovation in cross-border payments.