Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. 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 offers an efficient, fast and secure way to send money around the world. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.