Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. Wired money transfer system MoneyGram is no longer new to us. According to statistics, every 4th person knows about it, or at least heard. In due time MoneyGram separated from the Western Union and became an independent brand. 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. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes.