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Monday, April 2, 2012

MoneyGram International’s Expansion in Mexico



MoneyGram International Inc. is one of the biggest money transferring companies in the world. They contain offices around the globe and provide individuals and businesses the ability to collaborate financially through their services. Recently, MoneyGram International Inc. declared the expansion of its money transfer services network in both Mexico and India. MoneyGram International Inc. hopes to expand their financial services to more than 5,000 Post Offices in India and create around 1,800 money transfer locations in Mexico. Although MoneyGram has many networks in Latin America, this move into Mexico will prove to be extremely imperative to the company’s progress and to the development of Mexico’s growing economy.

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