MoneyGram and Global Quality Renew Agreement and Open New Convenient Shop for Customers

DUBLIN, Ireland (May 19, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ:MGI), a global provider of innovative money transfer services, has renovated and opened a new modern shop for its longtime agent Global Quality, a privately owned money transfer company, making transactions more accessible than ever before. Customers in Ireland who want to transfer money will benefit from the modern technology available at the updated location.

"We're excited to debut our expansive, new space that offers our Dublin consumers a more convenient place to transfer funds," says Andy Knight, MoneyGram's director of retail sales for UK & Ireland. "MoneyGram prides itself on a long-standing relationship with Global Quality. Through innovation and timely collaboration, we have both increased our business and grown to better meet the needs of our consumers in Ireland, and look forward to continuing with this strong relationship."

MoneyGram and Global Quality have also renewed an eight-year agreement that enables Global Quality consumers to send funds directly to M-PESA mobile wallets in Kenya and directly to bank accounts in many countries across the globe.

"By working with MoneyGram, we will not only be providing our customers with easy access to innovative, fast and reliable money transfer services, but will be offering them in an inviting, state-of-the-art space," says Olu Diya-Nequil, owner of Global Quality. "We are thankful for our new store and are excited about the future."

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.

CONTACT: Media Contact:
         Michelle Buckalew
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