The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram offers an efficient, fast and secure way to send money around the world. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.