The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. Around the world, MoneyGram is working with leading financial institutions. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. Millions of families depend on MoneyGram to safely send money home or pay the bills. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.