Payflo Partners with MoneyGram to Deliver Innovative Cash Payment Solutions for U.S. Gaming and Lottery

DALLAS, Feb. 4, 2025 /PRNewswire/ - Payflo Inc., a leader in payment solutions for highly regulated industries, today announced a partnership with MoneyGram to deliver cash-in and cash-out payment solutions tailored for U.S. gaming, lottery and marker settlement, marking a first-of-its-kind milestone in the industry.

In an industry valued at over $100 billion annuallyⁱ and poised for further growth, there continues to be demand for secure and reliable cash payment options. Today, Payflo and MoneyGram introduce a customer-driven solution—enabled by the simple integration of Payflo's advanced payment processing technology with MoneyGram's technology-powered, extensive network and trusted financial infrastructure.

A Game-Changer for Gaming and Lottery Payments

This integration is a game-changer for the gaming and lottery industry. With this partnership, players of regulated gaming and lottery companies in the United States gain a seamless, affordable and secure option to deposit their funds and access their winnings. Players can easily cash-in and cash-out through participating MoneyGram locations across the country.

"Our partnership with MoneyGram unlocks a unique payment experience, enabling both deposits and payouts in cash—a groundbreaking solution designed specifically for the gaming and lottery markets," said Maria Armstrong, Director of Sales, North America, at Payflo Inc. "This initiative reflects our mission to provide innovative, inclusive payment options while simplifying operations for gaming and lottery operators."

A Win-Win for Players and Operators 

A win-win for players and operators alike, the integration also helps to streamline backend workflows and reduce reliance on pre-funded accounts. Importantly, the entire process, from start to finish, is supported by MoneyGram's best-in-class compliance program and robust know-your-customer (KYC) protocols, which ensure transparency in funding sources while upholding the highest standards of accountability and trust.

• Near-Instant Access to Funds: Players can deposit funds into their gaming accounts or withdraw cash on the same day, no bank account or prepaid card needed.
• Nationwide Reach: Players gain access to over 30,000 MoneyGram locations in the U.S., ensuring unparalleled convenience, even in remote areas.
• Regulatory-Ready: Operators can ensure transactions adhere to strict compliance standards through MoneyGram's trusted framework.
• Seamless Integration: Operators experience a smooth implementation through Payflo's best-in-class integration capabilities.

"At MoneyGram, we're committed to delivering innovative solutions that enhance customer experience while leveraging our global network to open new opportunities," said Anna Greenwald, Chief Growth Officer at MoneyGram. "Our partnership with Payflo is a great example of this, as we introduce an innovative solution to support the growing U.S. gaming and lottery sector. Through this new service, players benefit from faster, more convenient access to their funds, while gaming operators gain a reliable, scalable and compliant payment solution to fuel their growth."

Learn more: MoneyGram Cash Payments for Gaming

About Payflo

Payflo delivers advanced payment infrastructure tailored to regulated industries, seamlessly integrating digital and physical payment solutions. As part of its offerings, Payflo operates Checkflo, a leader in check payment management, empowering clients to automate and optimize their physical payment workflows. Through its proprietary platform, Payflo and Checkflo deliver end-to-end solutions designed to simplify operations, enhance efficiency, and meet the evolving needs of businesses. Backed by strategic partnerships with leading global payment providers and accounting platforms, Payflo's solutions are trusted across industries to deliver secure, compliant, and innovative payment experiences. Connect with us at Payflo and Checkflo.

About MoneyGram

MoneyGram connects the world by making the movement of money across borders seamless, affordable and secure for everyone. Each year, the company serves more than 50 million people in over 200 countries and territories, processing over $200 billion USD annually. MoneyGram spans the globe with over 2,000 employees across 36 countries, representing more than 75 nationalities. Headquartered in Dallas, Texas, and known for its strong and high-performing corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for three consecutive years.

SOURCE Payflo