MoneyGram, UnionPay Expand Emergency Cash Services

What's Next In Payments®
5:07 PM EST August 29th, 2012

MoneyGram has reached an agreement with UnionPay to expand its emergency cash services to the Chinese card organization’s credit cardholders.

The amount of emergency cash a cardholder can receive is based on the credit limit designated by the issuer, with a maximum of $5,000, reports Finextra.

Read the full story here.

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