MoneyGram Launches new Online Money Transfer Service Platform with Walmart

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DALLAS, Sept. 6, 2016 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) and Walmart announced the launch of a new state-of-the-art online money transfer platform that offers customers new features and a streamlined experience when sending money through Walmart.moneygram.com. 

"We are pleased to be a part of this exciting opportunity to help Walmart deliver a true omni-channel experience. For nearly 20 years MoneyGram and Walmart have worked together to provide our customers with the highest quality and most convenient financial services," says Juan Agualimpia, MoneyGram's chief marketing officer and Walmart senior leader. "This new offering is a testament to our combined commitment to our customers."  

"Improving the customer experience to save time as well as money is a priority for Walmart," says Kirsty Ward, senior director of Financial Services, Walmart U.S.  "This new digital experience for MoneyGram transfers at Walmart.com is another example of delivering seamless solutions for customers wherever they choose to shop." 

The upgraded Walmart.Moneygram.com site is built on MoneyGram's new cutting-edge MTaaS platform (Money Transfer as a Service).   MTaaS extends the same innovative and convenient services as MoneyGram's award-winning website, moneygram.com to third party allies through a co-branded experience.

"We are pleased to build upon the investments we are making to our innovative online capabilities," said Alex Hoffmann, MoneyGram's chief product officer. "MTaaS offers a third party solution to our strategic business partners looking for a powerful online site to connect with customers that can also be branded and updated easily."

For customers, the site provides innovative features such as guest sending and MoneyGram's "Track a Transfer" tool when they need to send money to any of MoneyGram's estimated 350,000 locations as well as bank accounts around the globe through Walmart.Moneygram.com. 

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About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Media Contact:
Michelle Buckalew
[email protected]
214-979-1418

www.moneygram.com
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SOURCE MoneyGram

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