MoneyGram Phone Payments: Flexible, Fast and Friendly
MoneyGram’s phone payment service gives your financial institution the opportunity to generate fee income by giving your business customers the ability to accept customer payments over the phone. The MoneyGram phone payment service is an online application capable of accepting ACH and credit card payments. With phone payments, you or your business customer's representatives can easily research and edit payments right from their desktop.
Features
- Fast processing via real-time or batch payments
- Electronic representation of eligible returns
- Smart application remembers customers, eliminating the need to re-enter information
- Tracks payments up to the minute
- Allows for potential revenue generating opportunity by passing fees onto consumers
Benefiting Your Financial Institution
MoneyGram phone payments offer the following benefits to you and your clients.
For your financial institution:
- Provides an opportunity to draw and retain corporate clients
- Attracts new deposit relationships by providing services competitors do not offer
- Eliminates need for in-house operational or technical expertise
For your clients:
- Reduces paper check processing and deposits
- Minimizes in-person payment activity
- Accelerates cash-flow and expedites funds availability
For more information, contact MoneyGram Payment Services or call 1-800-723-9777
