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Payments General

MoneyGram to provide money transfer services in 6,000 CanadaPost locations

Thursday 13 May 2010 | 02:42 PM CET

Global money transfer company MoneyGram has entered a partnership with CanadaPost, a Canadian retail and transportation network, to expand its existing customer network.

Under the new agreement, CanadaPost will add more than 3,000 locations to the 3,000 agent locations that already offer money transfer services across Canada. Consequently, MoneyGram’s services will be offered in post offices as well as postal outlets.

This expansion represents the final phase of a multi-year agreement signed in 2008, in which Canada Post, a MoneyGram agent since 2002, agreed to increase the number the locations in which MoneyGram services are offered to customers.
 

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