MoneyGram Offers Support For Philippines Disaster Relief

MoneyGram (NASDAQ:MGI), a leading global money transfer and payment services company, announces a series of measures to help people in the Philippines impacted by the devastation caused by Typhoon Haiyan, also referred to as Typhoon Yolanda.

MoneyGram is making a $50,000 donation to Doctors Without Borders to support immediate relief efforts. Currently, Doctors Without Borders has more than 100 people on the ground in the Philippines addressing urgent and immediate medical needs. Cargo planes have started delivering 329 tons of medical and humanitarian relief supplies such as medical and hygiene kits, tetanus vaccines, tents, and water. Operations are currently based in Cebu, but teams will soon arrive in the hardest hit areas, including Tacloban.

“MoneyGram is committed to helping the communities we serve,” said Pamela H. Patsley, chairman and chief executive officer at MoneyGram. “During a crisis of this magnitude, every second and every dollar count. Our goal is to make it as easy as possible to help Filipinos impacted by Typhoon Haiyan.”

MoneyGram wants to make it easy and convenient for people in the United States to help Filipinos affected by the typhoon. From now until November 30, 2013, MoneyGram is waiving the transaction fee for customers in the United States who want to donate to the American Red Cross Philippines relief effort online and at a MoneyGram location using the MoneyGram ExpressPayment® service.

Donations can be made at www.MoneyGram.com or any of the 38,000 MoneyGram ExpressPayment agent locations in the U.S. All donations should be submitted to “Red Cross Philippines” under receive code 2540 to waive the transaction fee. Any dollar amount will be accepted up to a maximum of $249.99 per transaction.

MoneyGram will also waive transaction fees for international top-up transactions. This allows customers in the United States a more cost efficient method to add minutes to prepaid phones in the Philippines and stay connected with friends and family in the region.

Top-up transaction fee waivers are in place through November 30, 2013. They apply to the following mobile phone carriers:

  • Globe Philippines Recharge – receive code 8592
  • Smart Philippines Recharge – receive code 8595
  • Sun Cellular Philippines Recharge – receive code 8594
  • Talk N Text Philippines Recharge – receive code 8596
  • Touch Mobile Philippines Recharge – receive code 8593

MoneyGram is also making an extended commitment to help the region recover. Through the MoneyGram Foundation, MoneyGram will pledge funds to help to rebuild educational facilities destroyed by the storm as well as provide 25,000 books for affected schools through a grant to the Asia Foundation.

About MoneyGram

MoneyGram, a leading global 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 and bill payment services in the United States and Canada through a global network of more than 334,000 agent locations—including retailers, international post offices and financial institutions—in nearly 200 countries and territories around the world. 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.

About MoneyGram Foundation

MoneyGram, a leading global money transfer company, established the MoneyGram Foundation in 2012 to help children around the world gain better 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 or connect with us on Facebook.

Copyright Business Wire 2010

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