DALLAS, Oct. 6, 2020 /PRNewswire/ -- MoneyGram
International (NASDAQ: MGI), a global leader in cross-border P2P
payments and money transfers, today announced a three-year
extension to its relationship with Walmart, the world's largest
retailer, through March 2024.
MoneyGram's services at Walmart, including Walmart2World, the
MoneyGram powered white label money transfer service, are available
in over 4,700 Walmart locations in the
United States and Puerto
Rico, as well as through the co-branded digital platform
walmart.moneygram.com.
"We are extremely excited to extend our relationship with
Walmart for three additional years. This longer-term extension is a
testament to our strong alignment on customer-centric strategies as
well as continued preference for the MoneyGram brand at the
point-of-sale," said Alex Holmes,
MoneyGram Chairman and CEO.
For over two decades, MoneyGram and Walmart have delivered
innovative and affordable money transfer services to meet the
evolving needs of their combined customer base through both digital
and walk-in channels. In this extended term, MoneyGram and Walmart
will continue focusing on customer experience initiatives as well
as offering customers a variety of enhanced options for their
family and friends to receive money from the comfort of their own
homes. Customers increasingly seek options to send directly
to bank accounts and mobile wallets abroad, and MoneyGram has
rapidly expanded these capabilities to now provide customers with
digital connections to over 75 countries.
About MoneyGram International, Inc.
MoneyGram is a
global leader in cross-border P2P payments and money transfers. Its
consumer-centric capabilities enable family and friends to quickly
and affordably send money in more than 200 countries and
territories, with more than 75 countries now digitally enabled.
MoneyGram leverages its modern, mobile, and API-driven platform
and collaborates with the world's leading brands to serve millions
of people each year through both its walk-in business and its
direct-to-consumer digital business.
With a strong culture of innovation and a relentless focus on
utilizing technology to deliver the world's best customer
experience, MoneyGram is leading the evolution of digital P2P
payments.
For more information, please visit moneygram.com and follow
@MoneyGram.
MoneyGram Media Contact:
Stephen Reiff
Media@MoneyGram.com
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SOURCE MoneyGram