Global payment service firm chooses solution to deliver business critical transactions
LIVONIA, Mich., Sept. 12 -- MessageWay Solutions, Inc. of
Livonia, Michigan, a leading provider of B2B e-commerce solutions, today
announced that their MessageWay product has been selected by MoneyGram
International, Inc. of Minneapolis, Minnesota as a strategic hub solution for
consolidating electronic trading relationships with key partners. MoneyGram
is a leading global payment services company represented by 81,000 agent
locations in over 170 countries.
According to Bill Oelhafen, MoneyGram's vice president of technical
services, the solution selection process at MoneyGram was focused on three
business critical issues: volume, security and system availability.
"MoneyGram is a global leader in international money transfers and money order
processing. We needed a solution that would provide comprehensive EDI
processing, as well address all of our other managed file transfer needs. And
we needed to partner with a supplier that had well-established credentials for
delivering high-volume, secure, high-availability solutions." Oelhafen went
on to say that platform support was also extremely important in their
decision. "We've settled on Linux for our hub solution. With MessageWay, we
get exceptional throughput on a Linux cluster. That provides us the
availability we require and allows us to meet our service level objectives."
"Our B2B Gateway was a natural fit for the MoneyGram environment,"
commented Hesh Breakstone, director of North American sales for MessageWay.
"Our experience in working with global financial institutions and service
providers, as well as large EDI hub users, allowed MoneyGram to deploy
MessageWay with confidence. MessageWay provides them with the ability to
consolidate their EDI processing with managed file transfer using a single
Greg Faubert, president of MessageWay Solutions, continued, "Financial
service providers have a lot in common with other B2B hub users. MoneyGram is
an excellent case in point. That's the message we'll be driving home at the
AFP Conference in San Antonio."
About MessageWay Solutions, Inc.
MessageWay Solutions, Inc. enables global 2000 enterprises, ASPs and VAN
service providers to implement secure, seamless trading relationships between
their trading partners and their internal applications. The company's B2B
gateway solution -- MessageWay -- allows customers to stay ahead of the pace
of change in the face of a turbulent electronic commerce marketplace.
MessageWay Solutions has been providing comprehensive electronic commerce
solutions to a global customer base since 1987. For more information on the
company, visit http://www.messageway.com .
MessageWay is a registered trademark of MessageWay Solutions, Inc., in the
United States and other countries.
About MoneyGram International, Inc.
MoneyGram International, Inc. is a leading global payment services company
and S&P MidCap 400 company. The company's major products and services include
global money transfers, money orders and payment processing solutions for
financial institutions and retail customers. MoneyGram is a New York Stock
Exchange listed company, with over $825 million in revenue in 2004 and over
81,000 global money transfer agent locations in 170 countries. For more
information, visit the company's website at http://www.moneygram.com .