"We understand how important it is to be very close to the customer and, in this part of the world, that means expanding our services into some of the most remote regions," said Harsh Lambah, MoneyGram's regional director for South Asia. "These two new agent locations will instantly introduce MoneyGram services to some of the most rural parts of Nepal. For both residents of the region and tourists to the area in need of money transfer services, these new locations will save them the trek of three days or more that they would ordinarily have to make to receive transactions."

One of the new agents, Holiday Inn -- Gorak Shep, is located near a small glacial lake that served as the original base camp for Mt. Everest expeditions and today is a major tourist attraction. This agent location is located at approximately 17,600 above sea level, making it the highest money transfer agent location in the world. The other new agent, Holiday Inn - Namche Bazaar, is located at Namche Bazar, which is the main trading village in Khumbu, one of three sub-regions of the main Sherpa settlement of the Himalayas.

Lambah added, "Despite the remoteness of these locations, this region of Nepal supports a vibrant tourist trade. By establishing money transfer services in the region, we are bringing an unprecedented level of access to money and convenience that's sometimes beyond the ability of traditional banks to provide, while helping further stimulate the local economy."

Samsara, a Kathmandu-based remittance company, became a MoneyGram super agent in May, adding nearly 200 locations. The alliance provides MoneyGram a stronger presence in Nepal's rural areas.

About MoneyGram International

MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global payment services company, MoneyGram International helps consumers to pay bills quickly and safely send money around the world with funds arriving in as little as 10 minutes. Its global network is comprised of 186,000 agent locations in 190 countries and territories. To learn more about money transfer or bill payment at an agent location or online, visit www.moneygram.com.

SOURCE: MoneyGram International

MoneyGram International 
Media Contact: 
Lynda Michielutti, 952-591-3846 
lmichielutti@moneygram.com

"With the introduction of money transfer via mobile phone, Poste Italiane and MoneyGram offer a next-generation service that responds in a more dynamic, reliable and convenient way to the needs of migrants," said Poste Italiane AD, Massimo Sarmi. "We are excited to combine Poste Italiane's and MoneyGram's unique technology platforms in Italy to introduce an innovative service for our growing number of money transfer customers."

According to The Mobile World 2009, 93 percent of the approximately 4 million immigrants in Italy own a mobile phone. With the wide distribution of mobile phones around the world, offering money transfers via a mobile phone or the Internet provides customers with improved convenience.

"We are delighted to expand our partnership with Poste Italiane and together be the first to offer money transfer services via mobile phone in Italy," said Pamela H. Patsley, chairman and CEO of MoneyGram International. "MoneyGram is committed to providing customers with flexibility and choice in how they send and receive money. The service we are announcing today is a winning example of how our agent partners can use the MoneyGram technology to provide their online or mobile customers the benefits of an affordable, reliable and convenient money transfer send service without the need to go to a retail location."

MoneyGram has 186,000 agent locations around the world and has been operating in Italy since 1996. It has an extensive network of agents and a major retail partnership with Poste Italiane, offering money transfer service in over 10,000 post office locations across the country.

About MoneyGram

MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global payment services company, MoneyGram International helps consumers to pay bills quickly and safely send money around the world in as little as 10 minutes. Its global network is comprised of 186,000 agent locations in 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. Now, MoneyGram offers its most loyal customers MoneyGram Rewards for cash discounts on eligible money transfers from the U.S. -- visit www.mymoneygram.com to register today. To learn more about money transfer or bill payment at an agent location or online, please visit www.moneygram.com.

SOURCE: MoneyGram International

MoneyGram International 
Media Contacts: 
Lynda Michielutti, 952-591-3846 
lmichielutti@moneygram.com

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Beginning Nov. 18, customers in the U.S. and Canada can send up to $1,000 to El Salvador for only $8.50* from any agent location, including, ACE Cash Express, Advance America, Canada Post, CVS/pharmacy, Duane Reade, Walmart and the SuperValu locations operating under a variety of brands including ACME, Albertsons, bigg's, Bristol Farms, Cub Foods, Farm Fresh, Jewel-Osco, Lucky, Shaws Star Market, Shop'n Save and SHOPPERS. In the U.S., customers can send up to $899 online from www.moneygram.com for the same low fee.

Warner-Guitierrez added, "We tend to see an increase in money transfers to affected regions following wide-scale disasters. Our goal is to provide families more choices to maximize the funds that could be sent directly to their loved ones to support the unique needs that arise following a disaster."

In El Salvador, MoneyGram customers can collect their money transfer funds at any of the Citi branches or other locations, including Banco Agricola, Banco Azteca, Banco Promerica, Elektra, Fedecaces, Fedecredito and Scotiabank.

* A currency exchange fee may apply.

About MoneyGram International MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 186,000 agent locations in more than 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer at an agent location, please visit www.moneygram.com.

SOURCE: MoneyGram International

MoneyGram International 
Jody Hinkle, 952-591-3839 
jhinkle@moneygram.com 
or 
Luis Araoz, 305-421-0884 
laraoz@moneygram.com