What are the main benefits of money transfers by MoneyGram? Individual flexible service. The recipient has the opportunity to receive money at any MoneyGram office anywhere in the world. FormFreeSM phone-based offering allows businesses to reduce labor costs and create an excellent consumer experience by leveraging MoneyGram Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.