MoneyGram Celebrates Expansion with Special Pricing PromotionMINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that Canada Post has added more than 3,000 locations to the already 3,000 available agent locations currently offering money transfer services nationwide. Through a new partnership with Canada Post, money transfer services will be offered in post offices as well as postal outlets. Canada Post offers the largest retail network in the country. This expansion is the final phase of a multi-year agreement signed in 2008, in which Canada Post, a MoneyGram agent since 2002, agreed to increase the number the locations in which MoneyGram services are offered to customers.
“MoneyGram is very pleased that with this completed roll-out, our money transfer service is available at nearly all Canada Post locations nationwide”
“MoneyGram is very pleased that with this completed roll-out, our money transfer service is available at nearly all Canada Post locations nationwide,” stated Dan O’Malley, executive vice president of the Americas for MoneyGram. “MoneyGram will be in over 6,000 Canada Post locations and within reach of virtually all Canadian residents.”
“Canada Post has the largest retail network in the country and is pleased to offer increased services to Canadians,” says Louis O’Brien, chief customer officer for Canada Post.
To celebrate the expansion, MoneyGram is offering special pricing on sends from any MoneyGram agent location in Canada to anywhere in the world. Between May 1 and July 31, 2010, the fee for money transfer sends of up to $500 CAD is only $8.00 CAD. Customers can get more information at www.moneygram.ca.
MoneyGram continues to build on its network, introduce its brand to consumers and provide them with a choice for safe, reliable money transfer services. With more than 198,000 valued agent locations in more than 190 countries and territories, MoneyGram is providing more choices, added value and increased convenience to consumers all over the world.
About MoneyGram International
MoneyGram International offers more choices to people separated from family and friends by distance or those with limited bank relationships to meet their financial needs. A leading global payment services company, MoneyGram International helps consumers to pay bills quickly and safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 190,000 agent locations in 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer or bill payment at an agent location or online, please visit www.moneygram.com or find us on Facebook.
About Canada Post
Canada Post delivered close to 11 billion pieces in 2009 to 14.9 million points of call across Canada. With 59,000 employees and more than 6,500 post offices, Canada Post maintains the largest retail and transportation network in the country. In 2009, net income for Canada Post and its affiliates, which include Purolator Courier, SCI Logistics and Innovapost (jointly owned by Canada Post and CGI), was CDN $281 million on revenues of CDN $7.3 billion. Canada Post provides innovative physical and electronic delivery solutions, creating value for our customers, employees and Canadians. Canada Post has been chosen as one of Canada’s Top 100 employers by Mediacorp for the past four years and in 2009 was named “Most Iconic Brand in Canada” by Brand Finance Canada. Web site: http://www.canadapost.ca.
Contacts
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