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Leading Payday Lender QC Holdings, Inc. Helps Make the Change To MoneyGram
DALLAS, Oct 31, 2011 (BUSINESS CABLE) — employees across 23 states whom use check cashing services is now able to additionally deliver cash, pay bills or buy cash purchase from 1 convenient location, making use of MoneyGram’s vast worldwide system and re re payment services. QC Holdings, Inc., among the country’s leading payday loan providers, this week began rolling away MoneyGram (NYSE:MGI) services at significantly more than 300 of its retail places after significantly more than a 20-year affiliation by having a leading competitor.
„we have been worked up about our relationship that is new with. Its strong network that is global technology solutions will deliver excellent value to your customers also to our business,” stated Darrin Andersen, QC Holdings’ president.
QC Holdings runs shops in 23 states, aided by the presence that is strongest in Ca, Missouri and sc. The business’s main customer brands are Quik money and National Quik money, however the ongoing business also contains Ca Budget Finance, Express Check Advance of sc, First Payday Loans, QC Finance and AutoStart United States Of America.
„Our company is delighted to possess gained ecommerce, as QC Holdings is a well founded and reputable company into the payday lending and check cashing industry,” stated Dan O’Malley, MoneyGram’s executive vice president associated with Americas and appearing areas. „Additions like QC Holdings give MoneyGram a well established amount and income base from where to create in, plus these are typically our most readily useful product product product sales device. Their impact and client base is a strategic complement to MoneyGram’s community.”
QC Holdings, Inc. joins Mid-State Ventures, LLC d/b/a Friendly always Check Cashing and Rite Check Cashing, Inc., that also joined up with MoneyGram earlier in the day this year after long associations ( 15 years and 40 years, respectively) with a money transfer company that is competing. MoneyGram’s representative system comes with Advance America, ACE money Express and Speedy money.
About MoneyGram Overseas MoneyGram Overseas, a number one cash transfer business, allows customers who’re maybe not completely offered by old-fashioned finance institutions to meet up their economic requirements. MoneyGram provides bill payment solutions in america and Canada and cash transfer services all over the world through a worldwide community in excess of 244,000 agent locations–including retailers, international post workplaces and economic institutions–in 192 nations and regions. To find out more about money transfer or bill payment at a representative location or on the web, please visitr connect to us on Facebook.
About QC Holdings, Inc. Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a provider that is leading of loans in the usa, operating 499 branches in 23 states. With over 25 many years of running expertise in the retail customer finance industry, the organization joined the short-term loan market in 1992 and, since 1998, has exploded from 48 branches to 499 branches through a variety of de novo branch spaces and purchases. In addition, the business runs five automotive dealerships within the Kansas City area that is metropolitan. During financial 2010, the business advanced level about $1.0 billion to clients and reported total profits of $188.1 million.