Moneygram

MoneyGram Internation is a company which started back in 1940 in Minneapolis, Minnesota. The company is based out of the United States but it has offices all over the world in 190 different countries. MoneyGram offers various services including money transfers, money orders and payment of bills. When players at online casinos choose to use MoneyGram banking, they are paying with a money order. The process is very simple, safe and reliable. The traditional method of paying by MoneyGram means that payer must go to a MoneyGram agent. A list of these can be found at the company’s site online. The payer simply pays the amount he/she wants to send along with a fee. All that is needed for the transaction is the name of the receiver and some sort of approved identification for the payer. The payer will get a transaction number. The payee then goes to his/her nearest MoneyGram office with this transaction number and presents proof of identification and will receive the exact amount paid at no additional costs. Now, MoneyGram can even be sent online. The payer must set up an account with some sort of funds from another source such as a credit or debit card. The account holder goes to the “send same day service now” option at the MoneyGram website. Then, he/she fills in the information about the payee’s name, location and the amount of money to be paid. A transaction number is issued which must be given to the payee. The cash transfer occurs instantly which is why many casinos will support MoneyGram. These casinos will provide instructions on how exactly to make a transaction. With MoneyGram, you can send up to $899.99 from a checking or debit account in one transfer or up to $500 on a credit card transfer.

The biggest benefit of MoneyGram is that anyone can use their regular services regardless of whether they have a banking account. For online transactions though, the payer must have a credit or debit card. MoneyGram is considered very reputable and they are known for their great services and their quick deliver time. With the traditional method of sending money through an agent, it takes just 10 minutes for the payment to go through. Online, payers have the option of immediate payment or an economy service which takes about three business days. Compared to other money order companies like Western Union, MoneyGram offers much lower rates. Casino gamblers will be happy to know that there are many casinos which accept MoneyGram as a form of payment. This is a great option for those who do not wish to provide their credit card or other banking information. There are also some MoneyGram casinos which will issue withdrawals through this method too. The downside to MoneyGram is that the online service is only available in the US and many people paying online would rather pay directly by credit card rather than pay additional fees for the transfer.