MEMO Financial Services, Inc. was established in 1986 to provide a high quality money order service in the supermarket and convenience store industry, and grew to become one of the nation’s largest money services businesses.
Today, MEMO Financial Services, Inc. operates in 20 states, representing a diverse group of retailers, including supermarkets, convenience stores, check cashers, university book stores, insurance agents, dollar stores, pharmacies and travel agencies. Through the years, MEMO expanded its product suite to include walk-in bill payment services and prepaid transit services.
To expand its footprint, MEMO established several business subsidiaries to concentrate in specific markets: MEMO Financial Services, Inc., MEMO Financial Services New York, Inc., MEMO Financial Services USA, Inc., and MEMO Financial Services America, Inc.
MEMO further expanded its services to include a full service Help Desk, providing money order equipment maintenance and depot services to agents. Full-time technicians are available to assist agents with equipment and software support.