SAN FRANCISCO—MoneyGram reported it is now partnering with open banking platform Trustly to introduce cardless payment options throughout Europe.
“This integration allows users of MoneyGram Online (MGO), the company's flagship website and application, to leverage the convenience of direct bank account payments,” TradingView reported. “Through Trustly's open banking platform, MGO users can now circumvent the manual entry of card details within the app, thereby enhancing flexibility and streamlining the transaction process.”
Trustly's capabilities provide financial institutions with a contemporary pay-with-bank infrastructure. This infrastructure is characterized by its ability to facilitate near-instant payments and uphold Know Your Customer standards, TradingView said.
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