SYDNEY, Dec. 22, 2015 /PRNewswire/ -- MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services is proud to announce that it has renewed its agreement with the Travel Money Group, the specialist foreign exchange retailer owned and operated by Flight Centre Travel Group that will continue to enable customers in Australia and New Zealand to send money to their loved ones.
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"This continued partnership with Travel Money Group will allow our customers to send money home from any one of Travel Money's 140 plus locations in Australia and New Zealand," says Michael Minassian, MoneyGram's senior regional director for Australia and Oceania.
"Travel Money Group has decided to extend its already successful partnership with MoneyGram. Our partnership with MoneyGram allows us to fulfill our intention to consistently innovate in the marketplace and to provide our customers with a reliable and reputable international transfer product and service offering," said Dion Jensen, General Manager - Travel Money Group.
At any Travel Money Oz or NZ locations in Australia and New Zealand, customers can send money to India, Philippines, Pacific Islands, and over 200 countries and territories.
According to the World Bank data, over USD 3412 million is sent from Australia and New Zealand to India, Philippines, and the Pacific Islands annually.
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About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
About Travel Money Group
Travel Money Group is a specialist retailer of foreign currency, pre-paid multi currency cards, travel insurance and international money transfer services and is owned by Flight Centre Travel Group, Australia's largest travel business. FCTG consists of more than 30 brands and it was listed on the Australian Securities Exchange in 1995 (ASX: FLT).
Travel Money Group operates 125 stores in Australia as Travel Money Oz and serves more than 1 million customers per annum. In New Zealand Travel Money NZ is New Zealand's fastest growing travel money retailer, with a further 16 New Zealand stores.
For more information please visit travelmoneyoz.com
