Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. Very intensive and focused approach has helped MoneyGram to grow business at a rapid pace and establish MoneyGram as a global player in the marketplace. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. 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. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.