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MoneyGram Sees Transaction Growth Outside US, Led By Digital Efforts

PYMNTS

we returned to growth … in many key corridors,” and that more than half of the company’s top 100 markets had achieved year-over-year transaction growth, a momentum that continued into July. Ripple has become our chief partner for cross-border settlement using digital assets,” said Holmes. business.”.

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How Tariffs are Impacting Payments and Credit Card Processing

Clearly Payments

Increased chargebacks or returns Higher dispute management costs. More Chargebacks and Returns? Its Possible Higher prices can create more friction at checkout and may lead to a rise in: Returns : Customers are more sensitive to price increases. Greater exposure to cross-border settlement issues if goods are sourced globally.

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MoneyGram Sees Transaction Growth Outside US, Led by Digital Efforts

PYMNTS

He said that beyond the US “we returned to growth…in many key corridors,” and said that more than half of its top 100 markets had achieved year over year transaction growth, and that this momentum continued into July. Ripple has become our chief partner for cross border settlement using digital assets,” said Holmes.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-border settlement. With Ripple, this cost is all but eliminated, cutting costs in this area by 99 percent.

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The Fed’s crypto pivot: Unlocking banking access and its impact on payments

The Payments Association

With clearer guidelines and fewer barriers, crypto firms could gain more stable access to fiat bankingenabling better payment infrastructure, faster crypto-fiat transactions, and stronger support for stablecoins and cross-border settlements. How are banks likely to respond? Some of the largest U.S.