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MoneyGram and Hyperwallet deliver cash pickup

Money-transfer company MoneyGram has strengthened its partnership with payout platform Hyperwallet to allow users to acquire their earnings from MoneyGram kiosks and locations.

March 4, 2016

Money-transfer company MoneyGram has strengthened its partnership with payout platform Hyperwallet to allow users to acquire their earnings from MoneyGram kiosks and locations. Hyperwallet allows businesses to pay contractors, suppliers and resellers with its application programing interface, according to the press release.

Users can acquire their funds in cash from thousands of MoneyGram locations across 76 countries. In addition, with Hyperwallet's API, MoneyGram kiosks and locations will be able to provide the funds 30 minutes after the business or user sends the money, according to the release.

"This strengthened partnership with MoneyGram is great news for Hyperwallet's clients and their payees," said Brent Warrington, CEO of Hyperwallet. "Millions of independent workers around the globe rely on Hyperwallet to get them their earnings as quickly as possible. Expedited cash pickup through our friends at MoneyGram becomes another convenient payout option available to Hyperwallet users."

"We're very excited to become more deeply integrated with Hyperwallet," said Pete Ohser, executive vice president of MoneyGram, Americas and Europe. "MoneyGram has an extensive network of worldwide money-transfer locations designed to benefit consumers who are not fully served by traditional financial institutions. Similarly, Hyperwallet provides a payout platform to independent workers, many of whom are unbanked or underbanked. Working together, MoneyGram and Hyperwallet will continue to provide accessible financial services to people around the world."