Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. Around the world, MoneyGram is working with leading financial institutions. 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 MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. 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. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world. Millions of families depend on MoneyGram to safely send money home or pay the bills.