This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

MoneyGram Reaches 200 Country Network Milestone

Following a year of significant network growth and expansion, MoneyGram (NASDAQ: MGI), a leading global money transfer and payment services company, has reached a company milestone and is now offering services in 200 countries and territories worldwide. The achievement follows new agreements with agents in Equatorial Guinea and Myanmar.

“This is an important achievement in our continuous efforts to strengthen our network and to reach more customers across the globe,” says Pamela H. Patsley, chairman and chief executive officer at MoneyGram. “We are committed to our goal of being the preferred money transfer provider for our customers worldwide.”

In Equatorial Guinea, customers can now use MoneyGram services at CCEI Bank, the largest bank in that country. In Myanmar, services are available at three banks: Asia Green Development (AGD) Bank, Myanmar Citizens Bank (MCB) and Tun Foundation Bank (TFB).

The move to include MoneyGram services in Equatorial Guinea and Myanmar strategically targets previously underserved customers, and aims to bring customers closer through money transfers that can be made to and from locations across the globe.

“Enabling our customers to reach whomever they need – whenever and wherever – is a priority for us,” Patsley said. “Companies across the globe are coming to MoneyGram based on our track record of reliability and convenience, and the level of support and personal service they receive from us. They recognize that we are a leader in our industry, and are proud to leverage the power of the MoneyGram brand and network.”

About MoneyGram International

MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide through a global network of 334,000 agent locations -- including retailers, international post offices and financial institutions -- in 200 countries and territories. MoneyGram also offers bill payment services in the United States and Canada. MoneyGram is listed on the NASDAQ Stock Exchange under the ticker symbol MGI. To learn more about money transfer or bill payment at an agent location or online, please visit moneygram.com or connect with us on Facebook.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,954.66 -115.74 -0.64%
S&P 500 2,096.31 -18.18 -0.86%
NASDAQ 4,949.8510 -67.0780 -1.34%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs