The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. In due time MoneyGram separated from the Western Union and became an independent brand. 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. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.