The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. The company continues to automate and enhance MoneyGram MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. Millions of families depend on MoneyGram to safely send money home or pay the bills. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.