MoneyGram Signs Marketing Agreement with RDSI

MoneyGram International, Inc. announced today the signing of a marketing agreement between its subsidiary, MoneyGram Payment Systems, Inc. and RDSI Banking Systems. This agreement allows RDSI to market the PrimeLink® official check product directly to RDSI clients, expanding the marketing arm for MoneyGram products.

Jon Brenneman, executive vice president of RDSI, said “RDSI and their clients have enjoyed a quality relationship with MoneyGram over the last five years and look forward to our expanding relationship. MoneyGram has always been a reliable partner and has provided quality service in the areas of official checks and payment processing which adds to the strength of RDSI’s total suite of products and solutions.”

“We are very excited to work with RDSI on this sales effort,” said Michael Daugherty, vice president of MoneyGram’s Payment Systems Group. ” The MoneyGram official check program will offer RDSI clients a host of enhancements, including additional fee income, reduced fraud and lower operating expenses. We are looking forward to serving and growing with RDSI.”