Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. Around the world, MoneyGram is working with leading financial institutions. How to receive money via MoneyGram wired transfer? To obtain a money transfer it is necessary know the number of transfer from the sender. 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 opportunity to send a telegram with money transfer (up to 10 words) for free. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.