Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Around the world, MoneyGram is working with leading financial institutions. Money transfer platform of MoneyGram will be integrated with the mobile platform LinqUs, which will allow customers to make international transfers with a mobile phone. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. MoneyGram offers an efficient, fast and secure way to send money around the world.