MoneyGram International, one of the leading international money transfer systems, expanded its global network to 200 000 service points.
The company hit a benchmark number as a result of collaboration with SRD MP and Bimedia companies. Implementation of retail enterprise-oriented project is a positive example of 2009 EU directives on payment services (PSD). The Directives allow for retail organizations and other non–bank structures to perform payment services, a function only financial institutions were allowed to fulfill before.