MoneyGram Signs Agreement with Univision MasterCard Prepaid Card
Univision to Link its Prepaid Card Website to MoneyGram Online Services
DALLAS -- March 28, 2013
MoneyGram (NYSE:MGI), a leading global money transfer company, has signed an
agreement with Univision Enterprises, a division of Univision Communications
Inc., the leading media company serving Hispanic America, to create a
MoneyGram link on Univision’s MasterCard Prepaid Card “Tarjeta Prepagada“
page. Through this link, Univision’s Prepaid MasterCard account holders can
easily and directly connect to MoneyGram to complete money transfers and
expedite bill payments using their Univision Prepaid MasterCard.
This agreement leverages the resources ofUnivision with the world’s
second-largest global money transfer company. The MoneyGram network currently
has more than 310,000 locations in 197 countries.
“We’re always looking for ways to improve our program for card members,”said
Scott Scovel, vice president and general manager of Univision Direct, at
Univision Communications Inc. “Adding MoneyGram’s money transfers and
expediated bill pay services give current and prospective users valuable and
convenient services in one single location.”
The agreement with Univision continues the growth momentum MoneyGram has been
experiencing in its emerging channel business.
“Our relationship with Univision is one more example of MoneyGram’s growth in
emerging channels,” said Tim Summers, MoneyGram head of emerging channels and
strategic partnerships. “We’ve been successful in establishing innovative
relationships with companies that serve similar customer profiles and
providing consumers with solutions that makes sending money easier.”
The company recently reported strong performance from its online, kiosk and
mobile alliances, including online transaction growth of 58 percent with
revenue growth of 23 percent, both of which accelerated greatly from the third
MoneyGram provides its online service to consumers through strategic
relationships and agents in the U.S., UK and Germany who want to reach more
consumers and enhance their online presence through MoneyGram’s suite of
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.
Sophia Stoller/Mike Gutierrez, 214-303-9923
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