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. The company continues to automate and enhance MoneyGram MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.