What is MoneyGram?

MoneyGram describes itself as an international company whose main service is money transfers. MoneyGram services also include money orders, prepaid cards, bill payment services, money transfers to inmates and government payments.

Money transfers can be done in-store or online, states MoneyGram. Senders can transfer up to $2,999 USD to most countries with the online service. Funds can be transferred from a debit or credit card to a physical location for pick-up or directly into a bank account and are typically available on the same day. Funds can also be transferred from a bank account and are typically available within three business days.