Schnuck Markets, Inc. Makes Switch to MoneyGram

This week Schnuck Markets, Inc., unveiled MoneyGram (NYSE:MGI) as its new global money payment network, offering customers assistance with important financial services including a fast and convenient way to send money, pay bills and purchase money orders. Each of the 99 Schnucks locations that previously offered financial services are now a part of MoneyGram’s global network.

MoneyGram offers the convenience of sending money to any of its 256,000 locations across the globe, and the ability to receive money often as quickly as 10 minutes. With this arrangement, the companies expect to provide extensive bill payment services and money transfers within the U.S., as well as with China, Mexico, Nigeria and the Philippines.

"Not only does MoneyGram provide our customers a fast and affordable way to send money almost anywhere in the world, but they have strong security measures in place that show a true commitment to fraud protection,” said Schnucks Chief Financial Officer David Bell. "MoneyGram delivers the same high-level of financial services our customers expect.”

St. Louis-based Schnuck Markets, Inc. operates 100 full service supermarkets across the Midwest, including four Logli stores and seven Hilander stores in and around Rockford, Illinois and a Logli store in Janesville Wisconsin.

"Schnucks is a respected company and an integral part of the communities where they operate and we are thrilled to have earned their business,” said Dan O’Malley, MoneyGram executive vice president of the Americas and Emerging Markets. "We look forward to a long relationship that benefits our mutual customers and our companies.”

Schnucks customers will find that MoneyGram is extremely committed to protecting its customer’s funds. The company routinely provides agents with training on how to detect potential fraud, and it has instituted a cutting-edge alert system that determines risk level during the moment of transaction, saving its customers more than $50 million over the past year. Customers are encouraged to visit www.moneygram-preventfraud.com for information about common scams and how to avoid becoming a victim of fraud.

About MoneyGram
MoneyGram International, Inc. (NYSE: MGI) is a leading global payment services company. The Company provides consumers with an efficient and secure way to send and receive money globally, make urgent bill payments and purchase money orders. MoneyGram's products and services are conveniently available through more than 256,000 agent locations in 192 countries and territories. Certain products and services are also available online. For more information, visit the Company's website at www.moneygram.com or on Facebook.

About Schnuck Markets, Inc.
Founded in St. Louis in 1939, Schnuck Markets, Inc. operates 100 stores (including five Logli and seven Hilander stores) and 95 in-store pharmacies in Missouri, Illinois, Indiana, Wisconsin and Iowa. Follow Schnucks on Facebook at www.Facebook.com/Schnucks.

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