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MoneyGram announces new money transfer agreement with Wal-Mart

MoneyGram (MGI) and Walmart (WMT) announced a new three-year agreement for MoneyGram to continue providing MoneyGram branded financial products including money transfers, bill payment and money orders, at all Walmart stores in the U.S. and Puerto Rico. Under the terms of the agreement, MoneyGram is the preferred provider of money transfers at Walmart, continuing a 13-year relationship.