MoneyGram Announces Low Pricing for Money Transfers from British Columbia, Quebec

MoneyGram International, a global payment services company, announced today it has introduced new low pricing across the Canadian provinces of British Columbia and Quebec for money transfers to countries in Latin America, Africa, Europe and select countries in Asia including the Philippines. Earlier this year Canada Post began adding 2,000 additional MoneyGram locations in its effort to provide MoneyGram services countrywide and diversify its services. By the end of 2009, Canada Post will have tripled its locations offering MoneyGram money transfer services to 3,000 total locations to provide added convenience to its customers.

“MoneyGram is pleased to provide lower fees for money transfers to Mexico, the Philippines and most countries in Latin America, Africa and Europe,” said Tony Samour, MoneyGram’s director of product management. “Our new low pricing allows customers to have greater control over their financial resources and to maximize the funds they are able to send. This is especially important during December, which includes holidays for many cultures. We recognize that gifts, including money, are often an important aspect of celebrations.”

MoneyGram provides affordable money transfer services across its global network of 162,000 agent locations in 180 countries and territories. A MoneyGram money transfer can be completed in as little as 10 minutes, subject to agent hours and availability. A currency exchange fee may apply.

About MoneyGram International, Inc.

MoneyGram International, Inc. (NYSE:MGI) is a leading global payment services company. The company’s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. MoneyGram has approximately 162,000 global money transfer agent locations in 180 countries and territories. For more information, visit the company’s website at www.moneygram.com.

À propos de MoneyGram International, Inc.: La société MoneyGram International, Inc. (NYSE:MGI) est un chef de file mondial dans le domaine des services de règlement. Parmi ses produits et services les plus importants, on note les virements de fonds, les mandats et les solutions de traitement des paiements à l’échelle mondiale pour le compte des établissements financiers et des commerçants au détail. MoneyGram compte environ 162 000 agents de virement de fonds mondiaux dans 180 pays et territoires. Pour obtenir de plus amples renseignements, veuillez visiter le site Web de la société à : www.moneygram.com.

Contacts

MoneyGram International, Inc.
Jody Hinkle, 952-591-3839
Email: jhinkle {at} moneygram(.)com