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. 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. 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. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.