MoneyGram Provides Support for Nepal Earthquake Relief

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News Desk 2018
MoneyGram Provides Support for Nepal Earthquake Relief

DALLAS--(April, 28, 2015) (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI ), a global provider of money transfer services, is announcing a series of initiatives to help the Nepali people who were impacted by the devastation caused by the April 25 earthquake with a magnitude of 7.8; there are more than six million people living within 60 miles of the epicenter.

MoneyGram is making a $25,000 donation to AmeriCares to support immediate relief efforts. In addition, from now until May 31, 2015, MoneyGram is waiving the transaction fee for customers in the United States who want to make a financial gift online to American Red Cross International Services, which will provide immediate relief and long-term support through supplies, technical assistance and other support to those in need. Customers can also make a donation at a MoneyGram location using the MoneyGram ExpressPayment® service. Lastly, through May 31, 2015, TransferTo and MoneyGram are partnering to offer free mobile top-ups for friends and family in Nepal who were affected by the earthquake. Recharges can be made on the TransferTo website at moneygram.transferto.com/redeem/helpnepal .

"MoneyGram's commitment to the communities we serve goes far beyond our day-to-day services," said Pamela H. Patsley, chairman and chief executive officer at MoneyGram. "Tragedies of this size and scale require timely assistance. Not only is every dollar necessary, but every minute is vital to the entire region. We want to make it as easy as possible to help our Nepalese friends impacted by the earthquake."

Donations to the Red Cross can be made at  www.MoneyGram.com  or any of the 38,000 MoneyGram ExpressPayment® agent locations in the U.S. All donations should be submitted to "Red Cross Nepal" under receive code 2540 to waive the transaction fee. Any dollar amount will be accepted up to a maximum of $249.99 per transaction.

Currently, AmeriCares emergency response team is in Kathmandu delivering medicines and relief supplies to provide immediate relief to those with injuries and other healthcare needs. The Red Cross has deployed field assessment teams to the area, including eight American Red Cross disaster specialists, and is providing approximately 19,000 non-food relief kits in Nepal, which include clothing, kitchen sets, tarpaulins, mosquito nets and personal hygiene items. Operations are expected to be based in Kathmandu in order to provide necessary and needed assistance throughout the region.

#moneygramnews

About MoneyGram International, Inc.

MoneyGram, a leading money transfer company, provides essential services to consumers who are not fully served by traditional financial institutions. MoneyGram offers worldwide money transfer services in more than 200 countries and territories through a global network of 350,000 agent locations, including retailers, international post offices and banks. MoneyGram also offers bill payment services, issues money orders and processes official checks in select markets.

About AmeriCares

AmeriCares is an emergency response and global health organization committed to saving lives and building healthier futures for people in crisis in the United States and around the world. Every day, AmeriCares puts critically needed medicines and supplies in the hands of frontline health workers and develops innovative, sustainable health improvements in their communities. AmeriCares has a four-star rating – the highest possible from Charity Navigator – and reaches more than 90 countries every year with its emergency response work and global health programs. For more information, visit americares.org.

About TransferTo

TransferTo is a global airtime, value and money remittance hub delivering funds in real time around the world. With a network of 400+ mobile operators, money transfer operators, utility companies and merchants, TransferTo is empowering the unbanked by delivering airtime, value and money across borders without the need for a bank account. Founded in 2005, TransferTo is an Ingenico (Euronext: FR0000125346 - ING) affiliate company. The company can be found online at www.transfer-to.com .

Additional Ways to Help

Help the victims of countless crises around the world each year by making a financial gift to American Red Cross International Services, which will provide immediate relief and long-term support through supplies, technical assistance and other support to those in need.

Media Contact: Michelle Buckalew 214-979-1418

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