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Why does Western Union Want to Buy MoneyGram?

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  1. I have a Federal bank account and let me add that they are not the largest bank in India (more like mid-cap bank). Anyways the largest banks (SBI and HDFC bank) in India are partnered with Ripple. SBI , the biggest bank in India, owns half of Yes Bank which is a Ripple partner. All pieces connect.

  2. WU just wants to cut off Money Gram before It gets bigger than WU but my comment is nothing original …Will Western Union use Ripple /XRP for payments if they buy out MG and I would assume that they will have to or else they will not survive…

  3. Bad news, ripple injected millions of xrp in MoneyGram to CC create use case for their token.
    If WU buys MG, they can dump their xrp reserves

  4. Ripple is already a proven amazing idea. Reasonable investors will not let such an idea die away. If WU is trying to kill MG and Ripple, somebody will make sure they benefit from Ripple's idea by reinvigorating Ripple and killing WU.

  5. Western Usury is a predatory vampire company. It would be a grave mistake for Moneygram to sell out to WU; consumers would be subject to the resulting monopoly.

  6. Well sam, ripple is nobody's fool, and likely has provisions and protections in their agreement with MGI, in case of a buyout.

Comments are closed.