Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. In due time MoneyGram separated from the Western Union and became an independent brand. 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. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. FormFreeSM phone-based offering allows businesses to reduce labor costs and create an excellent consumer experience by leveraging MoneyGram Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency.