MoneyGram rolls out an online remittance platform in Brazil. Ripple links lead to speculation that the payment giant may be using Ripple ODL.
MoneyGram has launched an online platform in Brazil, per a press release from the company yesterday.
MoneyGram Online (MGO) will allow Brazilian customers to send remittances globally, MoneyGram said in the press release. Customers will pay no transaction fees for using the service, which promises to deliver at “near real-time” speed.
(By Mark Brennan)
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