- For over a decade, MoneyGram and SBI Remit have delivered innovative and 
affordable money transfer services to meet the evolving needs of their combined 
customer base through both digital and walk-in channels

MoneyGram International, Inc, a global leader in cross-border P2P payments and 
money transfers, today announced a three-year extension to its partnership with 
SBI Remit Co., Ltd., one of the Company's key partners in Japan. For over a 
decade, MoneyGram and SBI Remit have delivered innovative and affordable money 
transfer services to meet the evolving needs of their combined customer base 
through both digital and walk-in channels. As MoneyGram continues its expansion 
across the Asia-Pacific, this extension marks a key milestone for MoneyGram in 
the region.

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"We are excited to extend our partnership with SBI Remit for three more years 
as we continue to expand across the Asia-Pacific and enable more customers to 
send and receive money to and from family and friends around the world," said 
Grant Lines, MoneyGram Global Chief Revenue Officer. "Through strategic 
partnerships with companies like SBI Remit, we continue to focus on customer 
experience initiatives as well as enhancing options to meet the evolving needs 
of consumers." 

"MoneyGram became our first international remittance partner in November of 
2010, and we are extremely excited about a renewed relationship with our 
trusted brand partner," said Nobuo Ando, Representative Director of SBI Remit. 
"At SBI Remit, we have extended options for customers to deposit cash on to 
their Remit cards. Through services like this, we will continue to offer 
customers in Japan more convenience sending money back home through MoneyGram."

To celebrate this milestone, MoneyGram and SBI Remit will launch a special 
promotion for customers. SBI Remit customers who transact through MoneyGram 
before March 31, 2022, will have a chance to win a cash prize from a total 
prize pool of JPY1,200,000. There will be 10 winners per month, and each winner 
will receive JPY10,000.(1)  

To use MoneyGram service with SBI Remit, senders can register on the SBI Remit 
website at www.remit.co.jp. Senders can then deposit funds into their SBI Remit 
deposit accounts at Mizuho Bank, Sumitomo Mitsui Bank and Resona Bank. Deposits 
can also be made through SBI Remit cards at Japan Post Bank ATMs or Lawson Bank 
ATMs or can also be made through cash from FamiPort at any Family Mart location 
throughout Japan.

About MoneyGram International, Inc.
MoneyGram is leading the evolution of digital P2P payments. With a 
purpose-driven strategy to mobilize the movement of money, a strong culture of 
fintech innovation, and leading customer-centric capabilities, MoneyGram has 
grown to serve nearly 150 million people across the globe over the last five 
years.

The Company leverages its modern, mobile, and API-driven platform and 
collaborates with the world's leading brands to serve consumers through 
MoneyGram Online (MGO), its direct-to-consumer digital business, its global 
retail network and its emerging embedded finance business for enterprise 
customers, MoneyGram as a Service.

For more information, please visit ir.moneygram.com and follow @MoneyGram

Media Contact
media@moneygram.com 

(1) Terms and conditions apply 

SOURCE  MoneyGram