MoneyGram Adds Dollar General to Agent Network
Money transfer services now more convenient for consumers in the U.S.
DALLAS--(BUSINESS WIRE)-- MoneyGram (MGI) (NYSE:MGI), a leading global money transfer company, announced it signed a multi-year agreement with Dollar General to offer its money transfer services in Dollar Generals more than 10,000 stores throughout the United States. Under the agreement, Dollar General will offer MoneyGrams in-lane money transfer service.
Our customers rely on Dollar General for convenience when purchasing items at everyday low prices, said Todd Vasos, Dollar Generals executive vice president, division president and chief merchandising officer. The partnership with MoneyGram is a great fit for Dollar General and it further delivers checkout convenience to our customer.
Consumers using this service fund the money transfer at the point-of-sale in increments of $50, $100 and $200. The transaction is completed when the purchaser provides MoneyGram with the required information about themselves and the receiver via the Internet or telephone. With the addition of Dollar General, the MoneyGram network has grown to more than 50,000 U.S. locations reaching 197 countries and territories.
Dollar General is a growing retail brand, and we are excited to welcome it as one of the newest members in our MoneyGram network, said Pete Ohser, senior vice president, United States and Canada, MoneyGram. Together, MoneyGram and Dollar General are providing consumers with innovative ways to send money around the world. This relationship is proof of our continued growth and innovation.
MoneyGram also offers other self-service products, such as mobile, kiosk and online to accommodate the growing demand for options in sending and receiving funds safely and quickly across the globe.
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 310,000including 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.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for more than 70 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations. With more than 10,000 stores in 40 states, Dollar General has more retail locations than any retailer in America. In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.
Mike Gutierrez / Sophia Stoller, +1-214-303-9923
Source: MoneyGramCopyright Business Wire 2013