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MoneyGram Introduction MoneyGram International, Inc. is a financial services company based in the United States . The headquarters of MoneyGram are in Minneapolis, Minnesota. Additional facilities are available at MoneyGram centers located in Minnesota, Colorado, Brooklyn Center, and Lakewood. Moreover, MoneyGram has offices in 190 countries all over the world. The financial company offers its services and products via a network of representatives. Some of the services offered by MoneyGram...

MoneyGram Introduction

MoneyGram International, Inc. is a financial services company based in the United States. The headquarters of MoneyGram are in Minneapolis, Minnesota. Additional facilities are available at MoneyGram centers located in Minnesota, Colorado, Brooklyn Center, and Lakewood. Moreover, MoneyGram has offices in 190 countries all over the world.

The financial company offers its services and products via a network of representatives. Some of the services offered by MoneyGram include money orders, bill payment, and money transfers. Since a large number of online casinos offer MoneyGram as a payment option, online casino players can easily adopt this option to fund their online casino accounts.

How Does MoneyGram Work?

A money gram is nothing more than a money order. It functions like a usual post office or bank money order. Since the amount sent has already been paid by the sender, the payee will receive the exact amount. The receiver of a check faces the risk of the check bouncing for lack of sufficient funds. This can never happen in case of a money gram because the sender has to pay the exact amount he/she intends to send to the payee.

A MoneyGram can be sent in a traditional manner by visiting the nearest MoneyGram branch and by purchasing a money gram. The amount is paid in full along with a service fee, which varies according to a number of factors. The sender is then given a transaction reference number, which should be sent to the payee. In order to receive the amount, the payee has to visit the nearest MoneyGram office, present proof of his/her identity, and supply the reference number.

MoneyGram Banking

Online casino players can use the facility of MoneyGram eMoney Transfer to quickly transfer funds into their online casino accounts. They must first log on to their MoneyGram accounts and use the “Send Same Day Service Now” option. Information such as the payee’s name, amount to be paid, and location must be entered into the online form supplied. The service then issues a receipt containing a reference number and other relevant information. The payee should be informed about the reference number.

Online casinos support MoneyGram because the cash transfer is instantaneous. In order to fund their accounts, players simply have to choose the MoneyGram payment option and follow the instructions. Money can be sent directly from the checking account or from a credit card. Players can send as much as $899.99 during each transfer. However, a limit of $500 per transfer is set on all credit cards.

MoneyGram Pros and Cons

The biggest attraction of MoneyGram is its low fee structure, which is much lower than that of Western Union. In fact, many online casino players in the US consider MoneyGram to be an attractive alternative to Western Union.

Unfortunately, MoneyGram’s online services are available only to US residents. Only MoneyGram Global Money Transfer is available globally. Since MoneyGram is almost synonymous with excellent service, reliability, and affordable prices, it is a great payment option for online casino players who reside in the US.

MoneyGram payment method fees and facts
Available accounts	1 account
Available currencies	USD
Exchange fees (FX)	Fees vary depending on where you are sending, how much, and how you are paying.
p2p Money transfer
Send money p2p	Fees vary depending on where you are sending, how much, and how you are paying.
Receive money p2p	Fees vary depending on where you are sending, how much, and how you are paying.
Link to terms & conditions	https://www.moneygram.com/mgo/us/en/m/terms-and-conditions

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FAQs

What fee am I looking at for MoneyGram online casino deposits?

While their fees are capped much lower than their competitors’, MoneyGram does still charge a certain amount for their services. The best way to check out the fees, as well as any foreign exchange charges you may face for your next transfer is to check out the Rates and Fees feature on the website. Make sure to enter all the info, and you will be able to get a precise estimate of your potential fees for both online, and mobile app transfer requests.

Is MoneyGram available for use on mobile devices?

MoneyGram is fully available for mobile, through separate dedicated apps for Android and iOS running devices. Simply download the specific software from the Google Play Store or Apple App Store respectively, and you’re good to go. Players at mobile-optimized casinos will benefit from this the most, even though the convenience goes much beyond this single use.

What are some alternatives to MoneyGram online casino payments?

As already mentioned, Western Union is one obvious competitor to the MoneyGram money transfer service. While this alternative is still leading the industry, its high fees have made it somewhat less desirable for online casino deposits. Ria is another money transfer service which could come in handy; other options for such players looking to stick to more traditional banking methods naturally include direct bank transfer, credit and debit cards.

Is MoneyGram available for online casino withdrawals, or just deposits?

Yes, some casinos that offer this payment method will give their players the option to withdraw using the service, instead of only depositing with it. For this purpose, players will need to go through more or less the same procedure, only in reverse. In other words, players start off by specifying and requesting the cashout, at the same time providing any requested info. Later on, players need to wait to receive a reference number for the transaction in order to cash out the correct transfer later on.

Are there any particular benefits awarded with the service?

Yes, online casino players and other MoneyGram users can join the MoneyGram Plus Rewards program and benefit each time they contribute to the service’s traffic. This option consists of multiple gifts and promos – from getting 20% off the fee for your 2 nd deposit to getting 40% off for every 5th one, and much more.

How can I be sure that MoneyGram transactions are safe?

MoneyGram may not offer a tracking option for your transactions, but it does make up for it in every other aspect. The service executes instant transfers of cash amounts, through secure and encrypted bank-level security protocols. What is more, they are fully licensed and authorized by the respective regulatory bodies – New York State Department of Financial Services, Massachusetts Check Seller, Foreign Transmittal License and the Georgia Department of Banking and Finance. What is more, they are dedicated to raising awareness about phishing and fraud prevention and ensuring reliable services.

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