June 16, 2023, 8:00 a.m. • News and Promotions~MoneyGram Promotions
At MoneyGram, we know family comes first. For this International Day of Family Remittances, we want to thank you for trusting in MoneyGram to get money to your loved ones.
Your contributions back home inspire us to work hard every day so millions of consumers like you can send money faster and easier worldwide.
Here For You, No Matter What
We at MoneyGram understand and admire the determination and resiliency of our incredible customer base.
In a report released today, which includes insights from a survey of 1,000 U.S. consumers who have sent money abroad in the past year, MoneyGram found that even in the face of economic uncertainty, 75% of respondents expect to send more or the same amount to their loved ones this year (compared to 2022).
Survey results also highlighted that consumers continue to send money around the world to support the needs of loved ones back home, with ongoing support being the largest reason for sending funds abroad, followed by supporting family and friends with an unexpected situation.
Just like you, we won't slow down on providing you peace of mind on every money transfer available at 430,000 locations across 200+ countries and territories. No matter if you're sending for a birthday, emergency or just a routine transfer, thank you for choosing us to get your money to your friends and family.
How We're Evolving
The report also found that consumers share a high affinity for digital money transfer platforms (via mobile apps and websites), and the migration to digital is only increasing. 85% of respondents said they primarily use digital methods to send money abroad (over in-person transfers), and nearly half said they increased their digital money transfer volume in 2022.
As the money transfer landscape evolves into a more technological one, we have adapted to meet the needs of every generation. With online, in-app and in-store transfers available to 5 billion+ digital accounts and hundreds of thousands of physical locations worldwide - sending money is easier than ever.
The majority of respondents also said they would be interested in a digital app that addresses a broader range of financial needs to complement an existing core remittance offering. MoneyGram continues to evolve with the additions of crypto and other new features in the MoneyGram® Money Transfers app - making it easier for you to move money faster.
Thank You!
With every remittance you send back home, you improve the lives of those closest to you.
Thank you for your steadfast commitment to your family and friends and thank you for choosing us to help make that happen. We couldn't do it without you.
Happy International Day of Family Remittances and we hope to see you soon!