Mexico City, Mexico (April 30, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a leading global money transfer company, has renewed its agreement with TransNetwork Corporation to continue offering services at Soriana and Grupo Famsa retail locations in Mexico. The agreement enables consumers to send and receive funds at an estimated 1,200 stores across Mexico.

"MoneyGram's long-standing collaboration with TransNetwork has played an integral role in helping us meet the needs of our consumers in Mexico and we're looking forward to continued growth," says Juan Agualimpia, MoneyGram's executive vice president of business development and chief marketing officer. "Our shared goal is to ensure that our customers are able to transfer funds between loved ones when it is most convenient - while shopping or running other errands."

Monterrey, Nuevo Leon-based Soriana is the second-largest grocery store chain in Mexico, with more than 600 locations. Grupo Famsa is one of the largest furniture chains in the country.

According to The World Bank, Mexico is the fourth largest inbound remittance market in the world with about $25 billion incoming annually from the United States.

About MoneyGram International, Inc.

MoneyGram, a leading money transfer company, provides essential services to consumers who are not fully served by traditional financial institutions. MoneyGram offers worldwide money transfer services in more than 200 countries and territories through a global network of 350,000 agent locations, including retailers, international post offices and banks. MoneyGram also offers bill payment services, issues money orders and processes official checks in select markets. 


CONTACT: Media Contact:

         Michelle Buckalew

         media@moneygram.com

         214-979-1418

         #moneygramnews
distributed by