Poste Italiane Renews Contract With MoneyGram

MoneyGram, a leading provider of global money transfer service, has announced that Poste Italiane, the Italian Post Office, has renewed a multi-year agreement with the company. Poste Italiane is a major agent for MoneyGram in Italy.

Poste Italiane first began offering MoneyGram’s money transfer service in 2001. The service is now available in more than 9,000 locations and Poste Italiane plans to make it available in another 4,000 post office locations across the country.

“This renewed agreement underlines Poste Italiane’s attention to urgent money transfer,” said Marco Siracusan, marketing director, BancoPosta Division of Poste Italiane. “We are working with MoneyGram, focusing on activities customized to immigrants. Together we are planning different marketing strategies targeted to specific ethnic groups.”

“We are excited and pleased to continue our relationship with Poste Italiane,” said Phil Milne, MoneyGram’s chief executive officer. “Italy is one of our top markets today and Poste Italiane has been instrumental in helping us build an extensive service network throughout the country. Together, we have been able to deliver real value to customers with our affordable, reliable and convenient service.”