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MoneyGram International Expands Customer Loyalty Program to Canada

Thu. November 05, 2009; Posted: 12:42 PM
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MINNEAPOLIS, Nov 05, 2009 (BUSINESS WIRE) -- MGI | Quote | Chart | News | PowerRating -- MoneyGram International (NYSE:MGI), a leading global payments company, today announced the expansion into Canada of MoneyGram Rewards, a loyalty program that offers members fee discounts, receive notices, and fast and convenient money transfers.

MoneyGram Rewards was introduced in the United States in 2008, and expanded earlier this year into Germany, Spain and France. The program now has more than 3.5 million customers who enjoy the benefits of membership, which include discounted transactions, a personalized card for expediting money transfers, quarterly statements and the ability to manage their account and profile online. In addition, MoneyGram in September added a feature to the program that allows rewards program members to be notified via SMS text message when their money transfer transaction has been picked up by the receiver.

"The MoneyGram Rewards program was created to attract new customers and keep them coming back by offering benefits that make their MoneyGram experience as easy as possible," said Andrew Johnsen, marketing manager for MoneyGram International in Canada. "We believe this will be an especially welcome program for customers who frequently send money to South Asia, Latin America, the Caribbean, Africa and the Philippines."

In Canada and Europe, MoneyGram Rewards provides consumers a 5 percent discount on all transactions, a personalized membership card that reduces paper forms for faster transactions, and immediate notification when funds are collected by the recipient via e-mail or SMS text message. The launch of the rewards program is a continuation of MoneyGram's growth and expanding reach in Canada. In July, the company announced the rollout of thousands of additional Canada Post locations resulting in MoneyGram money transfer services available today at more than 5,000 Canada Post outlets coast to coast.

Customers can join the MoneyGram Rewards program by calling 1-800-926-9400 or online at www.moneygram.com. The MoneyGram Rewards discount applies to transactions sent to any country.

About MoneyGram International

MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global payment services company, MoneyGram International helps consumers to pay bills quickly and safely send money around the world with funds arriving in as little as 10 minutes. Its global network is comprised of 180,000 agent locations in 190 countries and territories. To learn more about money transfer or bill payment at an agent location or online, visit www.moneygram.com.

SOURCE: MoneyGram International

MoneyGram International 
Media Contact: 
Jody Hinkle, 952-591-3839 
jhinkle@moneygram.com
For full details on Moneygram International (MGI) click here. Moneygram International (MGI) has Short Term PowerRatings of 6. Details on Moneygram International (MGI) Short Term PowerRatings is available at This Link.

    


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