Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. The company continues to automate and enhance MoneyGram MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Bank services of MoneyGram on money transfer are available only to individuals. 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.