What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. 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. 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.
The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality.