Ingo Money, MoneyGram partner on credit card bill pay service

Businesses and consumers using Ingo Money to transfer funds to bank or PayPal accounts will also be able to pay credit card bills through the Ingo platform at U.S. MoneyGram locations.

Ingo Money and MoneyGram have agreed to add the service in which consumers can make credit card bill payments at any of MoneyGram's 40,000 retail locations.

The card payment option adds to Ingo Money's push payment technology, which enables banks, financial services providers and companies to move money instantly between businesses and people through mobile, online, ATM and retail channels through a single application interface.

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"MoneyGram is a trusted global consumer brand with a decades-long commitment to consumer financial access," Drew Edwards, founder and CEO of Ingo Money, said in an Oct. 17 press release. "This collaboration expands our one-of-a-kind push payments network and enables consumers to originate instant, secure push payments in seconds simply by swiping the card they wish to fund at any domestic MoneyGram retail location."

Roswell, Ga.-based Ingo Money has served businesses and consumers with check-cashing through prepaid card accounts and, more recently, mobile apps that allow deposits in all card or bank accounts.

The company's Ingo Money App functions as a digital deposit app, with virtual cards representing accounts to which check payments can be deposited.

Earlier this year, MoneyGram launched its MoneyGram Plus card in the U.K., further expanding a service that allows those who use the money transfer service on a recurring basis to do so with a plastic card, rather than inputting the same sender and receiver data on each new transfer.