MoneyGram Signs Contract with BP Franchise ampm to Give Consumers Access to International Money Transfer Services
DALLAS--(BUSINESS WIRE)-- MoneyGram (MGI) (NYSE:MGI), a leading global money transfer company, and ampm, BPs popular West Coast convenience store franchise, have reached an agreement to offer MoneyGrams full suite of consumer products at participating ampm locations in the Western United States, the companies announced today.
Under the agreement, BP is promoting, on an exclusive basis, MoneyGrams money transfer services, bill payments, money orders and prepaid cards to its network of more than 950 ampm franchises throughout Arizona, California, Nevada, Oregon and Washington. ampm franchisees are actively enrolling in the program, and locations will launch MoneyGram services throughout the coming months.
According to Pete Ohser, MoneyGram senior vice president, U.S. and Canada, MoneyGrams primary focus is to provide consumers with the most simple and convenient ways to send money and conduct basic financial transactions, from paying a utility bill or managing their pre-paid cards, he said. Winning ampms business and establishing relationships with great companies and strong brands such as BPs ampm convenience stores are important to MoneyGrams growth.
MoneyGram, a leading global money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide and bill payment services in the United States and Canada through a global network of more than 300,000 agent locationsincluding retailers, international post offices and financial institutionsin 197 countries and territories around the world. 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
Source: MoneyGramCopyright Business Wire 2013