"MoneyGram is delighted about this partnership, as we continuously seek additional avenues to serve the diverse payment needs of our customers,” said Greg Waltz, VP and General Manager of MoneyGram ExpressPayment.
SAN FRANCISCO, CA (PRWEB) March 19, 2012
ZipZap, Inc., the leading global cash transaction network today announced that MoneyGram International (NYSE:MGI) has joined its network of payment centers in the U.S. Consumers will now be able to make payments for all ZipZap transactions quickly and easily at about 35,000 MoneyGram agent locations in the U.S.
“We are excited about this new partnership with MoneyGram because it enables us to offer those consumers using our service with a reliable and trusted payment center experience,” said Alan Safahi, Founder and CEO of ZipZap. “Through our agreement with MoneyGram, cash-preferred consumers in the U.S. will now have access to over 45,000 locations in ZipZap’s North American Payment Center Network.”
According to a recent Consumer Payment Trends Report, 54% of adults in the United States cite cash as their preferred form of payment. This agreement provides this consumer segment using ZipZap’s cash payment service with a reliable and fast way to pay cash for online purchases in as little as 10 minutes at MoneyGram locations.
“MoneyGram is delighted about this partnership, as we continuously seek additional avenues to serve the diverse payment needs of our customers,” said Greg Waltz, VP and General Manager of MoneyGram ExpressPayment. “Providing a new means for our customers to pay cash for online transactions is a perfect way to do that.”
MoneyGram’s network in the U.S. consists of widely respected retail partners including Walmart, CVS/pharmacy, ACE Cash Express, Advance America, Albertsons, Duane Reade and select 7 Eleven locations.
About ZipZap, Inc.
ZipZap, Inc. is the leading global cash transaction network enabling consumers to use cash to make online purchases, pay bills, and top-up eWallets, prepaid cards and mobile accounts. Through a global network of over 700,000 payment centers, consumers can complete transactions in their neighborhood conveniently and easily using local currency. As an alternative payments provider, ZipZap is redefining the payment experience for more than one billion cash-preferred consumers worldwide.
Founded in 2010, ZipZap is headquartered in San Francisco, California, with operations around the globe. For more information, visit http://www.zipzapinc.com.
About MoneyGram International, Inc.
MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers bill payment services in the United States and Canada and money transfer services worldwide through a global network of more than 256,000 agent locations -- including retailers, international post offices and financial institutions -- in 192 countries and territories. To learn more about MoneyGram, visit http://www.MoneyGram.com.