After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.