DALLAS--(BUSINESS WIRE)--People needing to send money fast now have a convenient and affordable new choice, thanks to a new agreement announced today by MoneyGram International (NYSE:MGI), a leading global money transfer company.
MoneyGram’s money transfer services have long been available online at www.moneygram.com or at MoneyGram agent locations, including financial institutions and retailers, such as Walmart. Now, customers in the U.S. can use MoneyGram to send money conveniently from walmart.moneygram.com.
“This new co-branded service is the logical next step in our 10-year relationship with Walmart. We are able to provide users of Walmart’s online store with a unique product at a unique price, while also significantly increasing awareness of our services,” said Dan O’Malley, MoneyGram’s executive vice president for the Americas and Emerging Markets. “For consumers, they get the flexibility of sending money online at the same value they would get in person.”
U.S.-based consumers can now conveniently send money from Walmart.com to be picked up exclusively at any Walmart location in the U.S., using either a credit/debit card or an ACH transfer from their bank account, at a comparable value to their in-store experience. The money can be received at any of Walmart’s 3,800 locations in the U.S. and Puerto Rico, including the company’s Supercenter, Neighborhood Market and Walmart Express stores.
Transfers using credit or debit cards are available in only 10 minutes, while ACH transfers are available in as little as four hours – reducing the typical wait time for ACH transfers from days to hours.
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 bill payment services in the United
States and Canada and money transfer services worldwide through a global
network of more than 256,000 agent locations — including retailers,
international post offices and financial institutions — in 192 countries
and territories. 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.