MoneyGram Launches Ramps: A Seamless Cash and Crypto Connection
MIAMI, May 2, 2025 — MoneyGram, a prominent global payments network serving consumers, businesses, and communities, has unveiled an innovative integration solution named MoneyGram Ramps. This new developer-centric API aims to facilitate quick and compliant transitions between cash and cryptocurrency through a streamlined implementation process.
Wave of New Possibilities
The introduction of MoneyGram Ramps marks the next significant step in enhancing the functionality of the MoneyGram APIs. Crafted specifically by developers for developers, this platform allows wallets, exchanges, and fintech applications to integrate cash-to-crypto and crypto-to-cash capabilities with just a few lines of code. By leveraging MoneyGram’s extensive global cash network, embedding cryptocurrency on/off-ramp functionality has never been easier.
"With this launch, MoneyGram is quickly becoming the connective tissue between traditional finance and the digital economy," stated Anthony Soohoo, MoneyGram’s Chief Executive Officer. He emphasized that the new solution simplifies integration, making the world’s largest cash on/off-ramp for digital wallets accessible to a broader range of developers and businesses.
Bridging the Gap Between Cash and Crypto
MoneyGram Ramps provides users the capability to make cash deposits and withdrawals across an expansive network. Specifically, the service supports cash deposits in over 30 countries and cash withdrawals in more than 170 countries. This broad geographical coverage eliminates the necessity for developers to create complex custom infrastructures or deal with the intricate maze of regulatory requirements often associated with cryptocurrency transactions.
"For years, developers have been searching for an easy way to bridge physical and digital currency," commented Luke Tuttle, MoneyGram’s Chief Technology Officer. "MoneyGram Ramps is that missing link, significantly cutting development time while maintaining – and even strengthening – our robust compliance standards."
Enhanced Compliance and Developer Efficiency
The new API not only simplifies the technical aspects of integrating cash and cryptocurrency systems but also ensures adherence to regulatory guidelines, which can often present challenges for fintech innovators. By removing these integration hurdles, MoneyGram Ramps empowers developers to focus on creating and refining their applications without compromising on compliance.
As the financial landscape continues to evolve, MoneyGram is positioning itself as a frontrunner in providing seamless solutions for both traditional and digital currencies. With the launch of MoneyGram Ramps, the company is setting a new standard for how cash and crypto can interact, enhancing the accessibility and convenience of financial services for users around the globe.
For more information about MoneyGram Ramps and its capabilities, visit the official MoneyGram website or contact their customer support for assistance in getting started with this groundbreaking technology.
Share this article:
