Deal extends Visa’s prepaid reload network to 40,000 MoneyGram locations, bringing greater convenience to financially underserved consumers

Minneapolis and San Francisco, March 10, 2009

MoneyGram International (NYSE: MGI), a leading provider of global payment services, and Visa Inc., (NYSE: V) today announced plans to introduce Visa ReadyLink - Visa's prepaid load network - in MoneyGram's 40,000 agent locations across the United States, providing financially underserved consumers with more convenient options to add funds to their Visa reloadable prepaid cards.

By becoming a Visa ReadyLink participant, MoneyGram enables consumers with any Visa ReadyLink-enabled prepaid card to add funds -   in real-time - anywhere MoneyGram Money Transfer and ExpressPayment are offered. MoneyGram joins more than 8,000 participating Visa ReadyLink locations, further extending the convenience and security of reload services to Visa prepaid cardholders in more convenient, everyday shopping locations. Read More