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| MoneyGram International Earnings Conference Call (Q3 2009) Fri, Oct 30, 2009, 9:00 am Eastern
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| About MoneyGram International (NYSE:MGI) | |||
| MoneyGram International, Inc., through its subsidiaries, provides payment services worldwide. It operates in two segments, Global Funds Transfer and Payment Systems. The Global Funds Transfer segment provides money transfer services, money orders, and bill payment services to consumers, such as unbanked, underbanked, and convenience users. This segment also offers its money transfer services on the Internet through its MoneyGram eMoneyTransfer service, as well as through a network of retail agents in North America, Latin America, western Europe, the Middle East, the Indian subcontinent, the Asia Pacific, eastern Europe, and Africa. It sells its money orders under the MoneyGram brand, as well as on a private label or co-branded basis with retail agents. This segment’s bill payment suite of services allow consumers to make urgent payments or pay routine bills through its network to various creditors in credit card, mortgage, auto finance, telecom, satellite, property management, prepaid, and collections industries. The Payment Systems segment primarily provides official check outsourcing and sale of money orders, as well as automated clearing house processing services to financial institutions, thrifts, and credit unions. MoneyGram International distributes its products through a network of sales and marketing teams to agent distribution channels, such as general merchandise, grocery, drug and convenience store retailers, check cashing, and bank locations. The company was founded in 1926 and is headquartered in Minneapolis, Minnesota. | |||
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