Ripple Partner and MoneyGram Launch New Remittance Service in Brazil MoneyGram International has launched a new remittance service in Brazil through a new partnership with Frente Correta, one of the main partners of fintech firm Ripple in the country. The new service was positively met by the $XRP community. According to a newly issued press release, the new partnership led to the launch of MoneyGram Online in Brazil, allowing users to send funds from the country in “near real-time” to family and friends throughout the world. Recipients can receive the funds through a “suite of options designed to meet their unique needs,” including through puck-ups at retail locations. The service is being launched with no transaction fees for users. Alex Holmes, MoneyGram Chairman and CEO, was quoted saying: &quot;This is a significant growth opportunity for MoneyGram to capture market share in a country with one of the largest populations in the world. As we approach the start of the new year, we’re set up for success.&quot; The document notes that MoneyGram already has a “leading presence in Brazil” with over 1,000 retail locations throughout the country. The new application allows users to send money while on the go. Full Article: <a rel="noreferrer nofollow noopener" href="https://www.cryptoglobe.com/latest/2022/12/ripple-partner-and-moneygram-launch-new-remittance-service-in-brazil/" target="_blank">https://www.cryptoglobe.com/latest/2022/12/ripple-partner-and-moneygram-launch-new-remittance-service-in-brazil/</a>