In due time MoneyGram separated from the Western Union and became an independent brand. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Bank services of MoneyGram on money transfer are available only to individuals. 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. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.