Mastercard and MoneyGram Join to Revolutionize Cross-Border Payments

Mastercard Incorporated MA recently announced its partnership with MoneyGram in a bid to transform the digital payment landscape. This collaboration is set to enhance cross-border money transfers, offering Mastercard a strong near-term growth opportunity while reinforcing its position as a leader in digital financial services.This move bodes well for Mastercard, as MoneyGram is implementing Mastercard Move, which will provide direct access to MoneyGram’s vast network spanning over 200 countries and territories, with nearly 450,000 retail locations. This means increased transaction volume and a stronger foothold in the booming remittance market. With MoneyGram processing over $200 billion annually, Mastercard stands to benefit from a growing customer base eager for efficient, real-time payments.Digital money transfers are expected to witness continued growth, with consumers increasingly opting for digital-first solutions over traditional banking methods. By facilitating secure, low-cost, and near-instant payments through MoneyGram, Mastercard can capitalize on a lucrative revenue stream driven by both consumer demand and global remittance flows. This partnership reinforces Mastercard’s commitment to secure and seamless financial transactions. By backing MoneyGram’s services, MA enhances its brand reliability and customer retention, ensuring sustained market influence.With Mastercard Move reaching more than 95% of the world’s banked population, this partnership supports financial inclusion by bridging gaps in emerging economies. As more consumers gain access to cross-border payment solutions, Mastercard strengthens its long-term prospects while delivering immediate value in the near term. Moves like these should aid management in achieving its adjusted net revenue growth outlook of low-double-digit in 2025 from the 2024 figure.MA’s Price PerformanceOver the past three months, MA’s shares have gained 6.9% compared with the industry’s growth of 4.9%. Image Source: Zacks Investment ResearchZacks Rank & Key PicksMA currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the Financial Transaction Services space are OppFi Inc. OPFI, PagSeguro Digital Ltd. PAGS and Sezzle Inc. SEZL, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for OppFi’s current-year earnings of $1.07 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. OPFI beat earnings estimates in each of the trailing four quarters, with the average surprise being 73.01%. The consensus estimate for current-year revenues is pegged at $576.7 million, implying 9.7% year-over-year growth.The Zacks Consensus Estimate for PAGS current-year earnings of $1.25 per share has witnessed three upward revisions in the past 60 days against no movement in the opposite direction. PAGS beat earnings estimates in each of the trailing four quarters, with the average surprise being 9.29%. The consensus estimate for current-year revenues is pegged at $3.6 billion, implying 3.2% year-over-year growth.The Zacks Consensus Estimate for SEZL current-year earnings of $2.21 per share has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. SEZL beat earnings estimates in each of the trailing four quarters, with the average surprise being 142.38%. The consensus estimate for current-year revenues is pegged at $353.5 million.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA): Free Stock Analysis Report PagSeguro Digital Ltd. (PAGS): Free Stock Analysis Report OppFi Inc. (OPFI): Free Stock Analysis Report Sezzle Inc. (SEZL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks