DALLAS, Texas (May 28, 2015) (GLOBE NEWSWIRE) — MoneyGram (NASDAQ:MGI), a global provider of innovative money transfer services, has extended its multi-year agreement with SUPERVALU INC. The collaboration enables consumers in six states across the nation to easily access MoneyGram services at convenient grocery store locations.
"MoneyGram is proud to renew our longstanding commitment to working with SUPERVALU and to be the exclusive money transfer provider at the retailer's locations," says Pamela H. Patsley, MoneyGram's chairman and chief executive officer. "MoneyGram is a leading money transfer provider in the grocery store category, and we are excited to continue our successful relationship with SUPERVALU. Our mutual customers rely on MoneyGram's fast, secure and convenient money transfers to provide for life's essentials, important events or emergency needs."
With over 40,000 agent locations in the U.S. and about 350,000 agent locations worldwide, MoneyGram's global footprint provides fast and easy access to send cash for pick up or to a bank account. Customers can transfer funds through MoneyGram at SUPERVALU INC.'s five grocery store brands: Cub Foods in Minnesota and Illinois; Shop 'n Save in Missouri and Illinois; Farm Fresh Supermarkets in Virginia and North Carolina; Hornbacher's in the Fargo/Moorhead area; and Shoppers Food & Pharmacy stores in Maryland and the Washington, D.C. area.
After years of providing MoneyGram money orders to consumers, SUPERVALU INC. added money transfer services in 2002. The two companies have worked together since that time, offering consumers the chance to manage their daily financial needs — including money transfers, bill payment options and money orders — along with pharmacy and grocery purchases, in one convenient location.
About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
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Source:MoneyGram International, Inc.