MoneyGram pairs up with Uber for pandemic driver discount

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a partnership with Uber to provide drivers and delivery couriers a discount on digital money transfers sent to family and friends in over 200 countries and territories.

"We're thrilled to launch this partnership with Uber to serve everyone earning on the Uber platform – many of whom frequently send money back home to friends and family," said Alex Holmes, MoneyGram Chairman and CEO. "Our companies have significant overlap in the populations we serve, and drivers know and love the MoneyGram brand. In fact, this partnership is a direct result of customer feedback, and we're proud to provide drivers with affordable access to our global platform during this challenging season brought about by the COVID-19 pandemic."

Anyone who earns on Uber's platform, including the Driver app, Uber Eats, Uber Freight and Uber Works, is eligible for this discount. This promotional partnership has initially launched in the United StatesCanadaAustralia, and the United Kingdom.

"The spread of COVID-19 has been hard for everyone, and it has been particularly challenging for people who drive and deliver with companies like ours. To help those who are supporting loved ones abroad during these uncertain times, we're excited to partner with MoneyGram," said an Uber spokesperson.

"As strong demand for our digital capabilities continues to grow, we look forward to providing discounts on all money transfers made through our mobile app and website to everyone earning on the Uber platform," said Kamila Chytil, MoneyGram Chief Operating Officer and leader of the company's digital efforts.



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