MoneyGram Launches Mobile Services Though Its Web Site in the U.S.

  MoneyGram Launches Mobile Services Though Its Web Site in the U.S.

 Mobile device technology is a key component of Company’s alternative channel
                                    growth

Business Wire

DALLAS -- February 11, 2013

MoneyGram (NYSE:MGI), a leading global money transfer company, announced today
that users of iPhone, Android or Windows 8 mobile devices in the U.S. can now
use moneygram.com to send money, find MoneyGram locations, estimate money
transfer fees and view recent account activity.

“We know a growing number of consumers today use their mobile devices as a
primary tool to search for products and services and conduct day-to-day
activities, like online banking and other financial transactions,” said Juan
Agualimpia, executive vice president and chief marketing officer, MoneyGram.
“Augmenting technology to add this capability to our services is a step for
MoneyGram in creating a robust mobile channel for our current and potential
customers.”

Mobile device technology is a key component of MoneyGram’s alternative channel
growth strategy to tap into the $50 billion cross-border U.S. remittance
market.

About MoneyGram

MoneyGram, 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
310,000 agent locations – including retailers, international post offices and
financial institutions – in 197 countries and territories. To learn more about
money transfer or bill payment at an agent location or online, please visit
moneygram.com or connect with us on Facebook.

Contact:

MoneyGram
Sophia Stoller / Mike Gutierrez, 214-303-9923
media@moneygram.com
 
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