After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. What are the main benefits of money transfers by MoneyGram? Availability - MoneyGram payment system services are available everywhere, in more than 186 thousand locations in 190 countries. 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. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.