MoneyGram Rolls Out Stripe-Powered Retail Payments Upgrades Across Its Locations

The company says the rollout includes next-generation payment terminals, tap-to-pay, pay-by-link, and smart payment tools built on Stripe.

Summary

MoneyGram is introducing updated retail payment capabilities across its locations, adding next-generation payment terminals, tap-to-pay, pay-by-link, and smart payments built on Stripe. The announcement points to a broader modernization of the company’s in-person payment infrastructure, aimed at expanding payment flexibility and improving the checkout experience. Stripe is a global payments technology provider commonly used to process digital and card transactions for businesses.

Terms & Concepts
  • Tap-to-pay: A contactless payment method that lets customers pay by tapping a card, phone, or wearable on a compatible terminal.
  • Pay-by-link: A remote payment method in which a business sends a payment link that a customer can open to complete a transaction online.
  • Stripe: A financial technology and payments platform that provides software and infrastructure for processing digital payments.