MoneyGram extends partnership with U.K. Post Offices

MoneyGramMoneyGram, a provider of remittance transfer and payment services, recently extended its relationship with Post Office, Ltd., in the U.K., building on a partnership that began in 1997.

“The renewal of this 17-year working relationship is a testament to a shared vision,” Carl Scheible, the executive vice president of Europe, Africa and emerging channels at MoneyGram, said. “Together, MoneyGram and the Post Office’s network are committed to meeting the needs of consumers who want convenient, reliable and fast money transfer services. We are delighted to continue our relationship with this trusted brand and look forward to continued growth of our shared business.”

The agreement allows customers at more than 11,500 U.K. post offices, which are independent of the Royal Mail and serve nearly 18 million people per week, to send and receive funds.

“Financial services is a very important part of the Post Office business, providing an invaluable service to people across all communities,” Nick Kennett, the director of Post Office Financial Services, said. “We are delighted to renew our contract with MoneyGram following a competitive tender process. We want to make sure the services we offer are as accessible to our customers through a network of over 11,500 branches and with the addition of longer opening hours.”

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