MoneyGram Unveils Sleek, Reimagined Online Platform

DALLAS (June 17, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, announces today the re-launch of the new and mobile app in the United States (available for Apple® and Android devices). The new brings to life the complete re-imagination of MoneyGram's online experience.

The platform is the first online service of its kind to enable customers to send money to approximately 200 countries and territories without needing to create an account. In addition, new features and functionality now allow customers to check the status of online and offline transfers with a new "Track a Transfer" tool, complete transactions quickly and seamlessly, and use phones or tablets to send money anytime, to anywhere in the world.

"Our customers send money to family and friends to provide for life's essentials, fund emergency cash needs and celebrate big moments. We are excited to make these transactions as seamless as possible," says Pamela H. Patsley, MoneyGram's chairman and chief executive officer. "Behind our transactions, there are human stories that we want to facilitate. Every element of the design of the new started with the customer in mind. The new platform is currently available for sending money that originates in the U.S. and is designed to scale globally. We look forward to rolling out this new experience in additional countries."

The state-of-the-art platform allows MoneyGram to rapidly update and introduce features, delivering a superior online customer experience. In addition to guest sending and transfer tracking, users will also benefit from enhanced security and risk management protection systems, and quick-click re-sends for frequent users, as well as instant ACH transfers as a funding option.

"The new is the next evolution of global money transfers," says Alex Hoffmann, MoneyGram executive vice president of business development and global product. "We created a new experience based on direct customer feedback. MoneyGram's focus on the customer, our trusted brand, and our global settlement engine are key factors driving the success of our new online platform and overall self-service transformation."

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


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CONTACT: Media Contact: Michelle Buckalew 214-979-1418

Source:MoneyGram International, Inc.