MoneyGram International Company Description
MoneyGram International has just the ticket to move money around the world. Through its Global Funds Transfer unit, it sells MoneyGram cash transfers and money orders at more than 180,000 locations globally. It also offers in-person and electronic payment services, letting users pay everything from mortgages to utilities. The company's Payment Systems unit primarily provides official checks and share draft processing services to banks and credit unions. It is selling its Financial Services Management Corporation (FSMC) subsidiary, which processes controlled disbursements such as WIC checks and rebates, to Solutran.
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The Company Description provides a historical perspective of MoneyGram International's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of MoneyGram International's evolution in the marketplace.
