Le Lézard
Classified in: Business
Subject: CXP

MoneyGram Expands Digital Capabilities in Asia Pacific

DALLAS, Nov. 21, 2019 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, today announced the expansion of its award-winning digital capabilities to provide consumers in the Asia Pacific region with more options to send money. The MoneyGram website and MoneyGram Plus Rewards program is now available in Hong Kong, and consumers in New Zealand can now utilize the leading MoneyGram app to send money to family and friends across the globe.

MoneyGram Logo (PRNewsfoto/MoneyGram)

"Our Company is the middle of a transformation where we're focused on accelerating digital growth," said Alex Holmes, MoneyGram Chairman and CEO. "With the expansion of our digital services to additional markets, we're excited about reaching millions of new consumers with the simple and seamless experience of our online platforms."

As the company enters the third year of its transformation, the company recently reported that 60 percent of total money transfer revenue comes from non-U.S. markets with digital transactions now accounting for 20 percent of all money transfer transactions. With the recent launches of MoneyGram Online in Hong Kong and New Zealand, combined with digital partnerships, consumers can now send or receive money digitally in over 60 countries utilizing the MoneyGram platform.

MoneyGram will continue to focus on enhancing digital capabilities in 2020. The MoneyGram app will also be available in Hong Kong next year and New Zealand customers can expect to see the online website in 2020 as well.

About MoneyGram International, Inc.

MoneyGram is a global leader in omnichannel money transfer and payment services that enables friends and family to affordably, reliably and conveniently send money for life's daily needs in over 200 countries and territories.

The innovative MoneyGram platform leverages its leading digital and physical network, global financial settlement engine, cloud-based infrastructure with integrated APIs, and its unparalleled compliance program that leads the industry in protecting consumers.

For more information, please visit moneygram.com

MoneyGram Media Contact:
Noelle Whittington

SOURCE MoneyGram International, Inc.

These press releases may also interest you

at 23:00
Today, insurance focused IT services company, Brylianze, announces the development of an insurance Artificial Intelligence platform. "Artificial Intelligence will be a major thrust for insurance companies in the near...

at 21:35
Baytex Energy Corp. ("Baytex") announced today the pricing of its previously announced private placement offering (the "Offering") of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the "Notes"). The Notes will be...

at 21:30
People's Bank of Commerce announced today its financial results for the fourth quarter and full year 2019 operations. The bank reported net income of $4,068,000 for the full year of 2019 compared to $3,398,000 in 2018, a 20% increase. In 2019...

at 21:20
New Era Minerals Inc. announced today that it intends to proceed with a non-brokered private placement of up to 12,000,000 common shares at a price of C$0.05 per share to raise gross proceeds of up to C$600,000 (the "Private Placement"). Parties who...

at 21:08
Posera Ltd. ("Posera" or the "Company"), a global provider of software solutions for the hospitality industry, today announces that at the special meeting of holders of the common shares of Posera ("Shareholders") held earlier today (the "Meeting"),...

at 20:35
Miami-Dade County total home sales surged double digits in December 2019 thanks to a robust increase in mid-market and $1-million-and-up transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS)...

News published on 21 november 2019 at 14:35 and distributed by: