Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. MoneyGram offers an efficient, fast and secure way to send money around the world. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. 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. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. Millions of families depend on MoneyGram to safely send money home or pay the bills.