Moneygram international

MoneyGram is a global payment services company. The company’s products include global money transfers, bill payment solutions, and financial paper products. It conducts its business through its wholly-owned subsidiary MoneyGram Payment Systems, Inc. (MPSI). MoneyGram operates in two segments: Global Funds Transfer and Financial Paper Products and offers its money transfer services on the Internet through its MoneyGram Online service in the United States, United Kingdom, and through agent Websites in Italy, Saudi Arabia, and Japan. It also offers money transfer services via mobile phone, kiosks, ATM, receive cards, and direct-to-bank account products in various markets worldwide. Effective July 8, 2013, MoneyGram International Inc acquired Latino Services, an Atlanta-based provider of money transfer services.