Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. 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. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. AgentConnect continues to be an attractive alternative for businesses that choose to integrate their networks and point-of-sale platforms with the MoneyGram wired transfer. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. MoneyGram offers an efficient, fast and secure way to send money around the world. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.