10:01 AM EDT, 04/02/2025 (MT Newswires) -- (Updates with the companies' statement in the first two paragraphs and more details in last paragraph.)

Mastercard ( MA ) is helping remittance company MoneyGram with some of the payments company's international transactions, the companies said Wednesday.

MoneyGram customers with US-issued Mastercard ( MA ) cards can use the Mastercard Move service to send funds and make near real-time payments across international borders initially to 38 markets, according to the statement.

The service will allow near real-time transfer of funds to bank accounts, mobile wallets, Mastercard ( MA ) cards, and cash pick-up points, the companies said.

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