MoneyGram Gets U.K. Renewal

The post office agrees to a multiyear extension.
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MoneyGram

(MGI) - Get Report

, a global money transfer service provider, said the U.K. Post Office has renewed a multi-year agreement with it.

Under the terms of the new agreement, the U.K. Post Office will be able to use MoneyGram's AgentConnect software, which can streamline the operation of the money transfer service and bring increased efficiencies to the Post Office.

The Post Office is a major agent for MoneyGram in the United Kingdom, with the MoneyGram money transfer service available in 2,700 Post Office locations across the country.

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