Global payment services and money transfer company MoneyGram has extended its contract with the Post Office in the United Kingdom.
The partnership between the two institutions has allowed customers to send and receive money at over 11,500 U.K. post offices for the past 17 years, according to a March 24 press release. MoneyGram has similar agreements with over 30 post offices worldwide.
In February, Dallas-based MoneyGram began the process of reorganizing its executive lineup to increase operating efficiency. The company is aiming to reach $2 billion in annual revenue by 2017.