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Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram

Leading Payday Lender QC Holdings, Inc. Helps Make The Change To MoneyGram

News Release

DALLAS, Oct 31, 2011 (BUSINESS CABLE) — employees across 23 states whom use check cashing services is now able to additionally send cash, settle payments or purchase a money purchase from 1 convenient location, utilizing MoneyGram’s vast worldwide community and repayment services. QC Holdings, Inc., one of several country’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of their retail places after a lot more than a 20-year affiliation with a leading competitor.

“Our company is worked up about our brand new relationship with MoneyGram. Its strong network that is global technology solutions will deliver exceptional value to your customers also to our business,” stated Darrin Andersen, QC Holdings’ president.

QC Holdings runs shops in 23 states, utilizing the presence that is strongest in California, Missouri and sc. The business’s main customer brands are Quik money and National Quik money, nevertheless the business also incorporates Ca Budget Finance, Express Check Advance of South Carolina, First Payday Loans, QC Finance and AutoStart United States Of America.

“we have been delighted to own made ecommerce, as QC Holdings is an established and reliable company when you look at the lending that is payday check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president associated with Americas and emerging areas. “Additions like QC Holdings give MoneyGram a proven amount and income base from where to create on, plus they’ve been our most readily useful product sales device. Their impact and client base is a complement that is strategic MoneyGram’s system.”