The launch of this new capability is an important milestone for the partnership between
MoneyGram and Tesco Bank, which was formed over seven years ago. The new service has
now been introduced to 129 Tesco Express stores across the UK, adding to the existing 810
stores that currently offer the service. Full roll-out to around 1,500 Tesco Express stores is
expected over the next 18 months.
“We are continually evolving our customer proposition through our leading digital capabilities and
customer-centric solutions,” said Richard Meredith, Head of UK Key Partnership at MoneyGram.
“This solution is a key milestone in our ongoing collaboration with Tesco Bank in being able to
offer a seamless, digitised experience for customers.”
Sigga Sigurdardottir, Chief Customer Officer at Tesco Bank added: “There are millions of people
across the UK sending money abroad to help loved ones with everyday needs or in times of
emergency. Our goal is to help Tesco shoppers manage their money a little better every day, and
this enhancement to our partnership with MoneyGram lets customers send money overseas
even more efficiently than before.”
For more information and to start sending money through the platform, visit
tesco.moneygram.com.
About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer- centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 75 countries now digitally enabled.
MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct- to-consumer digital business.
With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.
For more information, please visit moneygram.com and follow @MoneyGram.
About Tesco Bank
Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers manage their money every day. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. Tesco Bank participates in the Chartered Banker Professional Standards Board.
Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ
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