After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.