MoneyGram Continues Expansion in United Kingdom
(Thomson Reuters ONE) -
Agreements with Dawson & Sanderson and ChangeGroup give consumers more choices
for fast and secure money transfers
LONDON, United Kingdom (March 26, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ:
MGI), a leading global money transfer company, announces the signing of two new
agreements that will strengthen the company's presence in a key remittance
market and give customers in the United Kingdom more convenient choices for
transferring funds.
The first agreement with travel and currency exchange company Dawson & Sanderson
Ltd. expands MoneyGram's transfer service to more than 20 of the company's
branches in Northern England. Another agreement with the currency exchange
company ChangeGroup extends their current relationship in other European markets
by launching locations in the United Kingdom.
"MoneyGram is demonstrating exceptional growth in the United Kingdom in a fast-
paced and continually changing environment," says Marc Matthews, MoneyGram's
senior regional director for the United Kingdom and the Republic of Ireland. "We
are constantly working to enhance MoneyGram's services for our customers. With
these highly-respected companies, we will be expanding to nearly 40 additional
locations that are easily accessible and have longer service hours, giving our
customers more options for using our service."
"Dawson & Sanderson Foreign Exchange is pleased to work with MoneyGram to offer
a global money transfer service to our customers," says Ian Clough, director of
foreign exchange at Dawson & Sanderson Ltd. "This service enables customers to
send money quickly and conveniently to more than 200 countries and complements
our full suite of foreign exchange services offered via our Bureau de Change
network."
"ChangeGroup is thrilled to extend our relationship with MoneyGram by expanding
in the United Kingdom," says Paul Crombie, ChangeGroup general manager for
Western Europe. "We feel this added service is essential to our core business
and look forward to growing together with MoneyGram."
MoneyGram has a track record of success in the United Kingdom. Last year the
company announced the renewal of an agreement with the Post Office Limited as
well as new agreements and service rollouts with Tesco and Debenhams.
About MoneyGram International, Inc.
MoneyGram, a leading money transfer company, provides essential services to
consumers who are not fully served by traditional financial institutions.
MoneyGram offers worldwide money transfer services in more than 200 countries
and territories through a global network of 350,000 agent locations, including
retailers, international post offices and banks. MoneyGram also offers bill
payment services, issues money orders and processes official checks in select
markets.
CONTACT: Media Contact:
Michelle Buckalew
media(at)moneygram.com
214-979-1418
#moneygramnews
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: MoneyGram International, Inc. via GlobeNewswire
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