MoneyGram Wins "Best Cash Innovation" at 5th Annual Innovation Awards Ceremony

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Mar 17, 2017, 06:00 ET

DALLAS, March 17, 2017 /PRNewswire/ -- For the second year in a row, MoneyGram's (NASDAQ: MGI) commitment to innovation has been recognized at the prestigious 2017 PYMNTS.com Innovation Project Awards ceremony. The MoneyGram MobilePass™ service received a silver medal in the "Best Cash Innovation" category.

"We are proud to once again be recognized as an innovation leader in our industry," said Alex Holmes, MoneyGram's chief executive officer. "MoneyGram MobilePass is another example of our continued investment in transforming the customer experience through timely and relevant digital innovations. Knowing our customers, understanding their needs and meeting their expectations is what drives our product development. We look forward to expanding our MoneyGram MobilePass service globally as we continue to deliver on our promise to make money transfers easier for our customers while delivering exceptional customer service."

MoneyGram MobilePass allows customers to stage a transaction on a mobile device or online and pay for the transaction at one of MoneyGram's thousands of locations across the United States. It is just one of the many digital innovations the company has invested in to offer a hybrid approach to money transfer that allows senders and receivers to transact in any way they choose.

Customers can easily access MoneyGram MobilePass online or from a mobile device at moneygram.com/mobilepass.

About MoneyGram International, Inc.

MoneyGram is a global provider of innovative money transfer 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
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214-979-1418

SOURCE MoneyGram