The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. At the heart of MoneyGram is trust and reliability of customers. You can quickly send and receive money, as money transfers usually come to the recipient within 10 minutes. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. 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. 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. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.