Moneygram International Inc. recently joined forces with Wal-Mart Stores Inc. (WMT - Free Report) to introduce a new state-of-the-art online money transfer platform, Walmart.moneygram.com. The new platform would offer customers better features and easier online money transfer experience.
The upgraded website makes use of Moneygram's new cutting-edge MTaaS (Money Transfer as a Service) platform. The online money transfer platform offers third party solution to strategic business partners who seek to connect with customers through a more user-friendly site that can be branded and updated easily. The new website will provide various innovative features to customers, which include guest sending, transfer tracking and many more. The site can also be used to remit money to any of Moneygram's estimated 350,000 locations as well as bank accounts worldwide.
This ultra-modern online money transfer platform is a strategic extension of the two decade long, successful relationship between Moneygram and Walmart. The companies have joined forces time and again to serve customers with smooth, convenient and premium quality financial services. Moneygram's chief marketing officer and Walmart's senior leader, Juan Agualimpia, called the new offering “a testament to our combined commitment to our customers.”
Walmart remains focused on maximizing customer value though the fastest and cheapest services. Hence, the partnership with Walmart is expected to provide Moneygram with a new digital experience of providing flawless solutions to customers shopping at Walmart. We expect the aforesaid deal to further strengthen Momeygram’s customer base and assure long-term growth for the Zacks Rank #3 (Hold) miscellaneous financial service provider. It also reflects Moneygram’s consistent investments for digitalization.
Stocks That Warrant a Look
Investors can also look at some better-ranked stocks from the same space like Euronet Worldwide Inc. (EEFT - Free Report) and ORIX Corporation (IX - Free Report) . Both the stocks carry Zacks Rank #2 (Buy).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Moneygram International Inc. recently joined forces with Wal-Mart Stores Inc. (WMT - Free Report) to introduce a new state-of-the-art online money transfer platform, Walmart.moneygram.com. The new platform would offer customers better features and easier online money transfer experience.
The upgraded website makes use of Moneygram's new cutting-edge MTaaS (Money Transfer as a Service) platform. The online money transfer platform offers third party solution to strategic business partners who seek to connect with customers through a more user-friendly site that can be branded and updated easily. The new website will provide various innovative features to customers, which include guest sending, transfer tracking and many more. The site can also be used to remit money to any of Moneygram's estimated 350,000 locations as well as bank accounts worldwide.
This ultra-modern online money transfer platform is a strategic extension of the two decade long, successful relationship between Moneygram and Walmart. The companies have joined forces time and again to serve customers with smooth, convenient and premium quality financial services. Moneygram's chief marketing officer and Walmart's senior leader, Juan Agualimpia, called the new offering “a testament to our combined commitment to our customers.”
Walmart remains focused on maximizing customer value though the fastest and cheapest services. Hence, the partnership with Walmart is expected to provide Moneygram with a new digital experience of providing flawless solutions to customers shopping at Walmart. We expect the aforesaid deal to further strengthen Momeygram’s customer base and assure long-term growth for the Zacks Rank #3 (Hold) miscellaneous financial service provider. It also reflects Moneygram’s consistent investments for digitalization.
Stocks That Warrant a Look
Investors can also look at some better-ranked stocks from the same space like Euronet Worldwide Inc. (EEFT - Free Report) and ORIX Corporation (IX - Free Report) . Both the stocks carry Zacks Rank #2 (Buy).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on WMT - FREE
Get the latest research report on IX - FREE
Get the latest research report on EEFT - FREE