MoneyGram doubles its ExpressPayment® locations

MoneyGram International, has expanded its ExpressPayment® agent locations to 40,000 through developing its payment services at CVS and 7-Eleven stores across the US. 

The company has nearly doubled the number of its ExpressPayment locations in the past two years. Now the agent locations of MoneyGram include Walmart, Advance America, and Albertsons stores, along with U.S. Bank branch locations. The most recent addition to the locations of the agents of the company is 6,200 CVS stores and 2,250 7-Eleven locations. 

Commenting on the addition Greg Waltz, vice president and general manager of payment products at MoneyGram stated that “The addition of the CVS and 7-Eleven stores allows MoneyGram to provide consumers with more convenient locations to choose from when they need to transfer money, pay bills, reload cards or top up phones. With our robust network of 40,000 ExpressPayment locations, it is likely that a consumer will be able to access MoneyGram’s affordable payment services in their own neighborhood and in the establishments they are likely to frequent on a regular basis.” 

Moreover Waltz said he expects more retailers to join the financial services. Reason to this is that those services add extra value to their business as not all the customers want to use banks. 

MoneyGram International, Inc. is a leading global payment services company.