|
05.02.2015 04:00:20
|
MoneyGram Reaches 25,000 Locations Across Africa
Expansion Continues With Mauritius Post Office Agreement
| NAIROBI, Kenya (Feb. 5, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a leading global money transfer company, announces today that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent. Recent technology advances and new agent and sub-agent signings, including an agreement with the Mauritius Post Office to offer money transfer services at more than 100 locations, have contributed to achieving this company milestone. "MoneyGram continues to grow throughout Africa as a result of forming strategic relationships with reputable companies, including banks, post offices and retailers, to bring added convenience and more choices for our customers," says Herve Chomel, MoneyGram's vice president of Africa. "Remittances are an important part of economic development and financial inclusion throughout the region and are integral to providing household essentials, education and healthcare in many countries. We are excited to be a part of the region's growth." Consumers have access to MoneyGram's services in more than 50 African countries. In a series of recent successes, the company signed an agreement with First Bank of Nigeria's subsidiaries in Ghana, Sierra Leone, and the Gambia, and also renewed a master agreement with Standard Bank Group, one of Africa's top banks. MoneyGram's services are available at over 500 Standard Bank locations in South Africa and across 11 Southern and Eastern African countries. MoneyGram is also implementing innovative self-service channels to make it more convenient for consumers living in Africa or abroad to obtain needed funds. The company recently announced an agreement with Safaricom that enables consumers in over 90 countries outside Kenya to send funds directly to nearly 20 million customers of M-PESA, Kenya's leading mobile wallet provider. About MoneyGram International, Inc. MoneyGram, a leading money transfer company, provides essential services to consumers who are not fully served by traditional financial institutions. MoneyGram offers worldwide money transfer services in more than 200 countries and territories through a global network of 347,000 agent locations, including retailers, international post offices and banks. MoneyGram also offers bill payment services, issues money orders and processes official checks in select markets. CONTACT: Media Contact:
Michelle Buckalew
media@moneygram.com
214-979-1418
|
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MoneyGram International, Inc. via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MoneyGram International, Inc. via Globenewswire
HUG#1892044
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu MoneyGram International Incmehr Nachrichten
| Keine Nachrichten verfügbar. |
Analysen zu MoneyGram International Incmehr Analysen
Nachrichten
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.