Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. 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.