MoneyGram International Adds Friendly Check and RiteCheck to Global Network

DALLAS--(BUSINESS WIRE)--MoneyGram International (NYSE: MGI) announced today that it has added two new premier financial service center agents -- Friendly Check and RiteCheck -- to its growing agent network to provide international money transfer and bill payment services under the MoneyGram brand.

“MoneyGram’s vision of financial services is perfectly aligned with our own and we are proud to be associated with a brand so universally respected. We look forward to a long and prosperous relationship.”

“We are extremely pleased that Friendly and RiteCheck made the decision to move to MoneyGram after working with a competitor for many years. This change is proof of MoneyGram’s process and commitment to working closely with our agents to understand their business, meet their business needs and provide them with the best products and services for their customers,” said Dan O’Malley, MoneyGram’s executive vice president of the Americas.

North Carolina-based Friendly Check began offering MoneyGram services on May 16. It added 45 customer-centric locations across North Carolina and Virginia that offer MoneyGram Express Payment and Utility Bill Payment products in addition to money transfers. Friendly has a robust money transfer business with customers who send domestically and to Mexico, Central America and Africa.

“MoneyGram has been an incredibly collaborative partner throughout the process of adding its product to our suite of services,” said Vince Andracchio, vice president of marketing at Friendly Check. “MoneyGram’s vision of financial services is perfectly aligned with our own and we are proud to be associated with a brand so universally respected. We look forward to a long and prosperous relationship.”

RiteCheck, one of the most innovative and leading financial service centers on the east coast, began offing MoneyGram service on April 26. It added 12 high-volume locations in Harlem and the Bronx to MoneyGram’s network and will provide MoneyGram Express Payment and money transfer services. RiteCheck services customers from western Africa, the Caribbean, Central America and Mexico.

“MoneyGram is the up-and-coming money transfer company with a mission to be number one. It has products that are as good as or better than the competition for a lower cost to the consumer. We think Rite’s great customer service, customer loyalty, and marketing expertise combined with MoneyGram’s commitment, products, experience and resources make us a force to be reckoned with in Harlem and the Bronx,” said Joe Coleman, president of RiteCheck.

According to O’Malley, New York has tremendous growth opportunities for MoneyGram, particularly on sends to Mexico as it is the fastest-growing immigrant group in the market.

About MoneyGram International
MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide and bill payment services in the United States through a global network of more than 233,000 agent locations—including retailers, international post offices and financial institutions—in more than 191 countries and territories around the world. To learn more about money transfer or bill payment at an agent location or online, please visit www.moneygram.com or connect with us on Facebook.