When I went to get the info from the Moneygram page to answer the question, I noticed (although it's probably been there) that there's an option to sent to a mobile wallet. So I'm trying it. I'm trying to send US$100 to my Mercado Pago account. I'll post back on the results, but the transfer is supposedly on its way.
A couple nice things:
- Higher rate -- the rate is 1032.84, higher than those above
- No fee -- so the effective rate is even higher, about 5% higher for a 100 dollar transfer compared to sending to a bank here.
The money is supposed to arrive today. We'll see.
And just as I'm finishing typing this, the money has arrived in my Mercado Pago account. It took 13 minutes. (Transfers to my bank here usually take 70 - 80 minutes, Western Union transfers usually arrive 6pm next business day.)