The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. 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. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.