Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011. AgentConnect continues to be an attractive alternative for businesses that choose to integrate their networks and point-of-sale platforms with the MoneyGram wired transfer. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.