Company Information

1550 Utica Ave S Ste 100
Minneapolis, MN, 55416 United States
(952) 591-3000 †

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MoneyGram Payment Systems (MPS) banks on its customers, the more than 1,000 financial institutions to which it provides payment processing services. As the main subsidiary of MoneyGram International, MPS provides banks, thrifts, and credit unions with official checks (such as those commonly used in consumer loan closings) and money orders, and offers clients clearinghouse services. Other customers include retailers (especially Walmart stores in the US and Puerto Rico), and post offices. MPS also provides bill payment services through its agents in the US and Canada. Nearly 90% of its revenue comes from money transfer fees.

† Some telephone numbers on the Hoover’s site may be on a country’s do not call or do not contact list including, but not limited to, the United Kingdom’s CTPS or TPS registers. It is a legal requirement that companies do not make sales or marketing calls to registered numbers. These are central opt out registers whereby corporate subscribers and individuals can register their preference not to receive unsolicited sales and marketing telephone calls. By using the information provided on the Hoover’s sites, as the direct marketer you represent and warrant that you will use such information in compliance with all applicable local, state, national or international laws and regulations, including any local do not call registers or marketing regulations, and agree to defend, indemnify and hold harmless Dun & Bradstreet and each of its affiliates in the event your use violates such laws and regulations.