Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. FormFreeSM phone-based offering allows businesses to reduce labor costs and create an excellent consumer experience by leveraging MoneyGram The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.