Corner Cash said that, in addition to adding MoneyGram’s services to its 11 locations, it is focused on adding MoneyGram services to other locations across Hungary.
John Hempsey, executive vice president of Europe, Middle East, Africa and Asia Pacific regions at MoneyGram, said: “After nearly seven years without a presence in Hungary, MoneyGram is pleased to be back with a partner like Corner Cash, providing Hungary’s 10 million people a new choice and a better value for money transfer services.
“Money transfer services are a vital part of the economy in Hungary and MoneyGram will focus on providing the greatest value as it grows its locations across the country. The Corner Cash locations are well established financial service businesses in Hungary’s mid-sized cities. Together we plan to rapidly grow our service and especially gain a presence in Budapest.”
