DALLAS, April 14, 2020 /PRNewswire/ -- MoneyGram
International, Inc. (NASDAQ:MGI) today announced a grant of
$100,000 from the MoneyGram
Foundation to Save the Children to support COVID-19
global relief efforts, including medical supplies and preparedness
training to regions impacted by coronavirus.
The MoneyGram Foundation has also committed an additional
$50,000 towards a "MoneyGram Match"
campaign which will take place on Friday,
April 17, 2020. Save the Children will receive a donation of
$1 for every online transaction
completed on the MoneyGram mobile app and customer-centric website,
up to $50,000.
Funds raised through this effort will go towards the training of
health teams worldwide on how to protect themselves and prevent
further spread of the disease. Save the Children is also supplying
the personal protective equipment and other supplies frontline
health staff desperately need. In addition, supportive services are
being provided to children and families who are isolated due to
quarantine measures. In the United
States, Save the Children is focused on ensuring children
continue to learn and receive meals despite nationwide school
closures.
"Many of our customers make sacrifices to send money for daily
needs such as healthcare, education, and medical supplies," said
Alex Holmes MoneyGram Chairman and CEO. "Now, thanks to this
exciting program, customers who utilize our direct to consumer
digital business on April 17th can
make an additional impact on lives around the world through our
partnership with Save the Children."
The MoneyGram Foundation was established in 2013 and has
invested over $6.8 million in
child-focused grants to nonprofits and non-governmental
organizations across 69 countries. As an ongoing global crisis aid
partner since 2016, Save the Children also receives an annual grant
from the MoneyGram Foundation in support of the Children's
Emergency Fund, a vital resource that enables the organization to
provide timely humanitarian aid to children as soon as disasters
occur.
About MoneyGram Foundation
MoneyGram established the
MoneyGram Foundation in 2013 to help children around the world gain
access to educational facilities and learning resources. Its
mission is firmly rooted in the belief that education is at the
heart of better economic opportunities, healthier families and
individual freedom and empowerment. The MoneyGram Foundation is
focused on inspiring minds and improving lives and grants funds to
deserving organizations with this mission in mind. To learn more,
please visit moneygramfoundation.org.
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 70 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.
About Save the Children
Save the
Children believes every child deserves a future. Since our
founding 100 years ago, we've changed the lives of more than 1
billion children. In the United
States and around the world, we give children a healthy
start in life, the opportunity to learn and protection from harm.
We do whatever it takes for children – every day and in times of
crisis – transforming their lives and the future we share. Follow
us
on Facebook, Instagram, Twitter and YouTube.
Contact:
Stephen Reiff
media@moneygram.com
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SOURCE MoneyGram