{"id":48907,"date":"2016-10-26T09:36:00","date_gmt":"2016-10-25T22:26:00","guid":{"rendered":"http:\/\/demo2016.hispanicprwire.com\/english-moneygram-and-walmart-launch-new-walmart2walmart-mexico-product-for-the-24-billion-a-year-u-s-to-mexico-remittance-market\/"},"modified":"2016-10-26T11:09:41","modified_gmt":"2016-10-26T15:09:41","slug":"moneygram-y-walmart-lanzan-un-nuevo-producto-walmart2walmart-mexico-para-el-mercado-de-las-remesas-de-los-estados-unidos-a-mexico-de-24000-millones-al-ano","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/moneygram-y-walmart-lanzan-un-nuevo-producto-walmart2walmart-mexico-para-el-mercado-de-las-remesas-de-los-estados-unidos-a-mexico-de-24000-millones-al-ano\/","title":{"rendered":"MoneyGram and Walmart Launch New Walmart2Walmart Mexico Product for the $24 Billion a Year U.S. to Mexico Remittance Market"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><i>MoneyGram now offers a <span class=\"xn-money\">$6.50*<\/span> U.S. to <span class=\"xn-location\">Mexico<\/span> money transfer pricing option<\/i><\/p>\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Oct. 25, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <a href=\"http:\/\/www.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">MoneyGram<\/a> (NASDAQ: MGI) announced today a new cross border money transfer product for Walmart customers sending from any U.S. Walmart location to any Walmart Mexico location. Walmart2Walmart <span class=\"xn-location\">Mexico<\/span> powered by MoneyGram is a new service that offers customers a <span class=\"xn-money\">$6.50*<\/span> transfer fee when sending between <span class=\"xn-money\">$51 to $800<\/span>. Customers can send money from over 4,500 Walmart locations in the U.S. to more than 1,250 Walmart locations in <span class=\"xn-location\">Mexico<\/span>; including all Bodega Aurrera, Mi Bodega Aurrera, and Superama locations. <\/p>\n<div id=\"prni_dvprnejpg659dleft\" style=\"TEXT-ALIGN: left; WIDTH: 100%\"><img decoding=\"async\" id=\"prnejpg659dleft\" title=\"MoneyGram Logo\" border=\"0\" alt=\"MoneyGram Logo\" align=\"middle\" src=\"http:\/\/photos.prnewswire.com\/prnvar\/20150730\/251082LOGO\"\/><\/div>\n<p>&#8220;Our new Walmart2Walmart <span class=\"xn-location\">Mexico<\/span> product is a big positive and offers MoneyGram and Walmart customers exceptional service at a great value when they need to send money to friends and family in <span class=\"xn-location\">Mexico<\/span>. MoneyGram and Walmart work side-by-side each day to ensure our customers are receiving the financial services they depend on at an affordable price,&#8221; said <span class=\"xn-person\">Alex Holmes<\/span>, MoneyGram&#8217;s chief executive officer. &#8220;This new product along with other recent MoneyGram and Walmart initiatives, demonstrates our shared commitment to each other and to making money transfers easier and more affordable for customers and their families in the U.S. and <span class=\"xn-location\">Mexico<\/span>.&#8221; <\/p>\n<p>The U.S. to <span class=\"xn-location\">Mexico<\/span> corridor is the largest country-to-country remittance corridor in the world. According to the World Bank, more than <span class=\"xn-money\">$24 billion<\/span> was sent from the U.S. to <span class=\"xn-location\">Mexico<\/span> in 2015. Most customers make money transfers for family support purposes or special occasions such as religious festivals or emergency transfers. Forbes recently reported that in 2015 remittances overtook oil as the leading source of foreign income in <span class=\"xn-location\">Mexico<\/span>.<\/p>\n<p>In addition to today&#8217;s announcement, last month MoneyGram and Walmart launched the upgraded <a href=\"https:\/\/walmart.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">Walmart.Moneygram.com<\/a> site built on the MTaaS platform (<a href=\"http:\/\/ir.moneygram.com\/releasedetail.cfm?ReleaseID=987897\" target=\"_blank\" rel=\"nofollow\">Money Transfer as a Service<\/a>). MoneyGram has since branded this new state-of-the-art online money transfer technology as &#8216;MoneyGram Kameleon\u2122&#8217;. MoneyGram Kameleon extends the same innovative and convenient services as MoneyGram&#8217;s award-winning website, <a href=\"https:\/\/secure.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">moneygram.com<\/a>, to business partners through a co-branded experience.<\/p>\n<p>Separately, with the recent expansion of Walmart&#8217;s white-label U.S.-to-U.S. funds transfer product into higher transaction bands, MoneyGram is adjusting its money transfer pricing structure in these bands for U.S.-to-U.S. transactions originated at Walmart. The new pricing structure provides customers with a flat fee for all transfers between <span class=\"xn-money\">$900 and $2,500<\/span>.<\/p>\n<p>*In addition to the transfer fee, a currency exchange rate may also apply. MoneyGram also makes money from currency exchange.<\/p>\n<p>#moneygramnews<\/p>\n<p><b>About MoneyGram International, Inc. <br \/><\/b>MoneyGram is a global provider of innovative money transfer and payment 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 moneygram.com. <\/p>\n<p><b>Media Contact: <br \/><\/b><span class=\"xn-person\">Michelle Buckalew<\/span> <br \/><a href=\"mailto:media@moneygram.com\" target=\"_blank\" rel=\"nofollow\">media@moneygram.com<\/a> <br \/>214-979-1418 <\/p>\n<p>Investor Contact: <br \/><span class=\"xn-person\">Suzanne Rosenberg<\/span> <br \/><a href=\"mailto:ir@moneygram.com\" target=\"_blank\" rel=\"nofollow\">ir@moneygram.com<\/a> <br \/>217-979-1400<\/p>\n<p><a href=\"http:\/\/www.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">www.moneygram.com<\/a> <br \/><a href=\"http:\/\/corporate.walmart.com\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/corporate.walmart.com<\/a> <br \/><a href=\"https:\/\/walmart.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">Walmart.Moneygram.com<\/a> <br \/><u><a href=\"http:\/\/ir.moneygram.com\/releasedetail.cfm?ReleaseID=987897\" target=\"_blank\" rel=\"nofollow\">http:\/\/ir.moneygram.com\/releasedetail.cfm?ReleaseID=987897<\/a><\/u><\/p>\n<p>Logo &#8211; <a href=\"http:\/\/photos.prnewswire.com\/prnh\/20150730\/251082LOGO\" target=\"_blank\" rel=\"nofollow\">http:\/\/photos.prnewswire.com\/prnh\/20150730\/251082LOGO<\/a> <\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><i>MoneyGram now offers a <span class=\"xn-money\">$6.50*<\/span> U.S. to <span class=\"xn-location\">Mexico<\/span> money transfer pricing option<\/i><\/p>\n<p><span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Oct. 25, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <a href=\"http:\/\/www.moneygram.com\/\" target=\"_blank\" rel=\"nofollow\">MoneyGram<\/a> (NASDAQ: MGI) announced today a new cross border money transfer product for Walmart customers sending from any U.S. Walmart location to any Walmart Mexico location. Walmart2Walmart &lt;span&#8230;<\/p>\n","protected":false},"author":1,"featured_media":48920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-48907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iberoamerica"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/48907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=48907"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/48907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/48920"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=48907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=48907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=48907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}