Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. Around the world, MoneyGram is working with leading financial institutions. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches. 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.