The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. The company continues to automate and enhance MoneyGram The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. 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.