The Associated Press
June 30, 2010, 10:59AM ET
MoneyGram broadens service in Morocco
MINNEAPOLIS
Money-transfer company MoneyGram International Inc. said Wednesday it signed with three new agents in Morocco and will expand its services to the African country.
Money lenders Credit Immobilier et Hotelier, MEA Finance/Canal M and WafaCash will all offer MoneyGram money transfer services in Morocco.
MoneyGram also signed five-year renewal agreements with Casablanca-based EuroSol and Quick Money/Efloussy, two money transfer providers that have been agents since 2003.
Shares rose 9 cents to $2.50 during morning trading.
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