Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Millions of families depend on MoneyGram to safely send money home or pay the bills. The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.