Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. Bank services of MoneyGram on money transfer are available only to individuals. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. 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. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.