DALLAS, March 11, 2022 /PRNewswire/ -- MoneyGram
International Inc. (NASDAQ: MGI) today issued the following
statement:
We have been closely monitoring
the situation in Ukraine with
great concern for all those impacted. As the humanitarian crisis in
the region continues to escalate, we are providing notice to our
customers and agents of our decision to suspend services in
Russia. We join many voices in
expressing our hope for a swift and peaceful resolution to protect
civilians across all impacted regions and will continue to assess
the situation.
Our top priority remains the
safety of our employees, agents, partners, and their families. We
have been in close contact with our impacted colleagues to provide
support during this difficult time. We have also increased our
support for our partnership with Save the Children, which is
actively engaged in relief efforts in the region. Last week, the
MoneyGram Foundation approved an emergency grant directed towards
the Ukrainian Relief Fund.
MoneyGram services remain
available in Ukraine – both for
individuals to receive funds in-person or digitally directly to
their bank account. Every day we see more transactions sent to
Ukraine and surrounding countries
such as Poland as customers
transfer money to their families who are increasingly in need
during this crisis.
About MoneyGram International, Inc.
MoneyGram International, Inc. (NASDAQ: MGI), a global leader in
the evolution of digital P2P payments, delivers innovative
financial solutions to connect the world's communities. With a
purpose-driven strategy to mobilize the movement of money, a strong
culture of fintech innovation, and leading customer-centric
capabilities, MoneyGram has grown to serve over 150 million people
in the last five years. The Company leverages its modern, mobile,
and API-driven platform and collaborates with the world's top
brands to serve consumers through its direct-to-consumer digital
channel, global retail network, and embedded finance business for
enterprise customers. MoneyGram is also a leader in pioneering
cross-border payment innovation and blockchain-enabled settlement.
For more information, please visit ir.moneygram.com, follow
@MoneyGram on social media, and explore the website and mobile app
through moneygram.com.
CONTACTS
Investor Relations:
214-979-1400
InvestorRelations@moneygram.com
Media Relations:
Stephen Reiff
media@moneygram.com
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SOURCE MoneyGram