The renewal continues MoneyGram services at over 5,000 Canada Post locations across the country
MoneyGram announced 5-year extension to Canada Post partnership. Source: pexels.com
MoneyGram International has announced a five-year extension to its partnership with Canada Post. This renewal allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout Canada.
According to data, annual immigration in Canada currently amounts to around 300,000 new immigrants. That’s one of the highest rates per population of any country in the world. As of 2019, there were just under 8 million immigrants with permanent residents living in Canada which equates to roughly 21.5% of the total Canadian population.
We’ve reported that Matercard’s company Vocalink will be the solution provider for clearing and settlement in Canada’s recent real-time emolument plan, the Real-Time Rail.
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