SmallCapNewsRelease: eLayaway (OTCBB: ELAY) and MoneyGram (NYSE: MGI) Team Up
JERICHO, NY—(SmallCapNewsRelease)—October 5, 2011, eLayaway, Inc. (OTCBB:ELAY), the Internet’s first and only patent-pending layaway processor, has announced a new business relationship with MoneyGram International (NYSE:MGI), a leading global money transfer company.
This relationship now provides eLayaway with the ability to accept cash payments from its members through MoneyGram’s network of more than 35,000 U.S. agent locations. The new payment option expands eLayaway’s current option beyond Automatic Clearing House (ACH) and provides eLayaway Members with added convenience and flexibility.
MoneyGram offers bill payment services in the United States and Canada and money transfer services worldwide through a global network of more than 244,000 agent locations--including retailers, international post offices and financial institutions in 192 countries and territories.
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