The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.