24 March 2018

MoneyGram and Walmart cement three-year agreement

01 February 2016  |  1699 views  |  0 Source: MoneyGram

MoneyGram (MGI) announced today the extension of their more than 17-year relationship with Walmart.

This new three-year agreement, which begins on Feb. 1, continues MoneyGram's domestic and international money transfer service as well as its bill pay and money order products at Walmart's more than 4,000 locations in the U.S. and Puerto Rico. Walmart customers can also continue to access MoneyGram services through Walmart.com to send and receive money.

"We are extremely pleased to extend our relationship with Walmart for an additional three years," said Alex Holmes, MoneyGram CEO. "For nearly two decades now, MoneyGram and Walmart have worked side by side to make money transfers and other financial services affordable and convenient for our customers."

"Leveraging our size and scale to take on big challenges and create better ways to serve our customers is something we're always working on. MoneyGram is a great provider in helping us deliver results that matter to our customers, offering innovative products and services that help them better manage their finances for less," said Kirsty Ward, Walmart Senior Director, U.S. Financial Services.

Walmart and MoneyGram are committed to ongoing innovation in order to meet the evolving needs of the customer. Both companies will continue to make investments in marketing, technology and product development, including the roll-out of a redesigned online experience.

"MoneyGram is committed to fully understanding the expectations of our customers and agents and to enhancing their money transfer experience," said Holmes. "This is a very dynamic industry and we are constantly looking to offer our customers new and better ways to send and receive money."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.ebaday.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14746 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
12200 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11836 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10726 views comments | 14 tweets | 32 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8705 views comments | 15 tweets | 10 linkedin

Featured job

Find your next job