Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. FormFreeSM phone-based offering allows businesses to reduce labor costs and create an excellent consumer experience by leveraging MoneyGram 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.