Company Overview of MoneyGram Payment Systems, Inc.
MoneyGram Payment Systems, Inc. provides money wire transfer services. It also provides an express bill payment service through its agent locations in the United States. The company was founded in 1988 and is based in Lakewood, Colorado. MoneyGram Payment Systems, Inc. operates as a subsidiary of Moneygram International Inc.
7401 West Mansfield Avenue
Lakewood, CO 80235
Founded in 1988
Key Executives for MoneyGram Payment Systems, Inc.
Executive Vice President, Director and General Manager - International
Compensation as of Fiscal Year 2015.
MoneyGram Payment Systems, Inc. Key Developments
MoneyGram Payment Systems Inc. and Wal-Mart Stores Inc. Agree to Extend Master Trust Agreement Term
Oct 2 15
MoneyGram Payment Systems Inc. and Wal-Mart Stores Inc. amended a master trust agreement, pursuant to which both parties agreed to extend the initial term of the agreement until June 30, 2016. The initial term of the agreement was previously scheduled to expire March 31, 2016. The parties have been in talks about the continued provision of MoneyGram's products and services to be offered in Wal-Mart stores.
UnionPay International and MoneyGram Declare Global Cooperation Offer Cross-Border Remittance Service in and Outside China
Nov 26 14
UnionPay International and MoneyGram jointly declared global cooperation offer cross-border remittance service in and outside China, extending cross-border remittance service of UnionPay Card to more than 200 countries and territories. Service will be first available in Singapore, Japan, Australia and US, where remitters will be able to remit money through outlets of MoneyGram to UnionPay Card holders in China, with remittance upper limit reaching USD 3000. Service will be available in other market in 2015.
MoneyGram Plans to Close its 376-Person Brooklyn Park Facility and Lay Off 28 Workers at the End of June
May 12 14
MoneyGram plans to close its 376-person Brooklyn Park facility three years after moving its headquarters from the Twin Cities to Texas. The company will lay off 28 workers at the end of June and continue cutting until it closes the facility on December 31, 2015.
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