Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. At the heart of MoneyGram is trust and reliability of customers. You can quickly send and receive money, as money transfers usually come to the recipient within 10 minutes. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.