Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. 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. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. 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. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.