MoneyGram Expands Digital Footprint Across Europe

MoneyGram online now available in 15 countries across the globe

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Aug 27, 2018, 08:00 ET

DALLAS, Aug. 27, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) continues to make progress and deliver on its strategy to expand the company's digital reach across the globe with the launch of its award-winning online platform in Ireland, Poland, Sweden, Norway and Denmark.

"We are gradually expanding MoneyGram's digital channels to complement our extensive agent network and to offer our customers more choices for sending funds. Moving forward, we will continue to deploy digital platforms that enhance and personalize the customer experience while also strengthening our position in the fast-changing and competitive digital environment," said Alex Holmes, MoneyGram's chairman and chief executive officer.

With just a few clicks on the MoneyGram online platform, customers can send money 24/7 to more than two billion bank accounts and mobile wallets or to any MoneyGram location in more than 200 countries and territories. MoneyGram online offers features such as the ability to find a convenient location, check the status of transactions, and estimate online and offline transfer fees.

The platform is now available to customers in 15 countries including Australia, Austria, Belgium, Denmark, France, Germany, Ireland, Netherlands, Norway, Poland, Portugal, Spain, Sweden, the UK and the U.S.

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About MoneyGram International
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
Maria Bankiet-Kamińska
MoneyGram
Tel: + 48 (0) 22 377 2185
Mob: + 48 (0) 885 889 696
Mail: [email protected]

Forward-Looking Statements
This press release contains forward‐looking statements, which may include projections of future results of operations, financial condition or business prospects. Actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forward‐looking statements for a variety of reasons, including but not limited to market demand, global economic conditions, adverse industry conditions, legal proceedings, the ability to effectively identify and enter into new markets, governmental regulation, the ability to retain management and other personnel, and other economic, business or competitive factors. Additional information concerning factors that could cause results to differ materially from those in the forward-looking statements is contained from time to time in MoneyGram's SEC filings. The forward‐looking statements in this release reflect the current belief of MoneyGram as of the date of this release. MoneyGram undertakes no obligation to update these forward‐looking statements for events or circumstances that occur subsequent to such date.

SOURCE MoneyGram