Moneygram International and Walmart announced on Tuesday that they agreed to extend their partnership until March 2024.
The deal extension means that Moneygram payments and money transfers will be available to Walmart customers at 4,700 stores. "We are extremely excited to extend our relationship with Walmart for three additional years. This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the Moneygram brand at the point-of-sale," Moneygram CEO Alex Holmes said.
Moneygram shares jumped 4.73% shortly before the opening bell on Wall Street.
