MoneyGram Payment Systems, Inc. recently lowered fees for its standard same-day eMoney Transfer service, streamlined its Web site design making it easier to navigate, and introduced its new online economy service.
The standard online MoneyGram eMoney Transfer service allows consumers to send a money transfer simply by logging on to www.moneygram.com on their personal computers. Money can be sent from a bank account or the transaction can be charged to a credit card in just minutes. This summer, MoneyGram reduced fees by as much as $10 on this same-day, online service.
MoneyGram also introduced an even lower-cost online option with its new economy service. The economy service generally takes up to three business days for the money to be available for the receiver, but fees run as low as $10 to $25. For this economy option, customers must send the money from their bank accounts; credit cards are not accepted for this service.
“We’re continuing to help our customers by offering more online service options as well as giving them some very affordable choices in quality service,” said Tony Ryan, vice president and general manager of MoneyGram’s Global Funds Transfer Group.
The company also has upgraded the MoneyGram eMoney Transfer web pages, giving consumers a very user-friendly site with a streamlined, contemporary design that’s easier to navigate.
“The feedback we’re receiving from customers is very positive,” said Ryan. “Once a customer sets up an account with us, it’s very simple and fast to send money online.”
The funds sent via the Internet can be picked up at any of MoneyGram’s 81,000 agent locations around the world.
To set up an online profile and send money to friends and family through MoneyGram’s eMoney Transfer service, log on to www.moneygram.com, click on the “Send Money Online” icon.
MoneyGram International, Inc. is a leading global payment services company and S&P MidCap 400 company. The company’s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. MoneyGram is a New York Stock Exchange listed company, with more than $825 million in revenue in 2004. The company has money transfer agent locations in 170 countries. For more information, visit the company’s website at [www.moneygram.com].