Workers across 23 states whom use check cashing services are now able to also deliver cash, settle payments or purchase a cash purchase from 1 location that is convenient making use of MoneyGram’s vast international system and repayment solutions. QC Holdings, Inc., certainly one of the nation’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of their retail places after significantly more than a 20-year affiliation with a leading competitor.
“We are worked up about our relationship that is new with. Its strong network that is global technology solutions will deliver excellent value to your customers and also to our business,” said Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, aided by the strongest existence in Ca, Missouri and sc. The company’s main customer brands are Quik money and National Quik Cash, nevertheless the business also incorporates California Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.
“We are delighted to own gained ecommerce, as QC Holdings is a well established and reliable company within the lending that is payday check cashing industry,” said Dan O’Malley, MoneyGram’s professional vice president associated with Americas and appearing areas. “Additions like QC Holdings give MoneyGram a well established volume and income base from where to create on, plus they have been our most readily useful product sales tool. Their impact and client base is a complement that is strategic MoneyGram’s system.”
QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly always check Cashing and Rite Check Cashing, Inc., that also joined up with MoneyGram early in the day this year after long associations (fifteen years and 40 years, correspondingly) with a money transfer company that is competing. MoneyGram’s representative system also incorporates Advance America, ACE money Express and Speedy money.
A leading money transfer company, enables consumers who are not fully New Mexico payday lending served by traditional financial institutions to meet their financial needs about MoneyGram International MoneyGram International. MoneyGram provides bill repayment solutions in america and Canada and cash transfer services globally through a worldwide community in excess of 244,000 agent locations—including stores, worldwide post workplaces and economic institutions—in 192 nations and regions. For more information on money bill or transfer payment at a representative location or on line, please visit www.moneygram.com or relate genuinely to us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a provider that is leading of loans in america, operating 499 branches in 23 states. With an increase of than 25 several years of running expertise in the retail customer finance industry, the organization joined the short-term loan market in 1992 and, since 1998, is continuing to grow from 48 branches to 499 branches through a mixture of de novo branch spaces and purchases. In addition, the business runs five automotive dealerships when you look at the Kansas City area that is metropolitan. During financial 2010, the ongoing business advanced level about $1.0 billion to customers and reported total profits of $188.1 million.
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