After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. 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. Around the world, MoneyGram is working with leading financial institutions. MoneyGram offers an efficient, fast and secure way to send money around the world. FormFreeSM phone-based offering allows businesses to reduce labor costs and create an excellent consumer experience by leveraging MoneyGram MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.