The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. The benefits of money transfers by MoneyGram: no fixup (the recipient may request payment at any MoneyGram agent in the country of receiving). In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.