It's simple. Alternative Financial Services (AFS) is our core business. We specialize in understanding the market for AFS and bringing our expertise to you through a full array of non-traditional banking solutions. As one of the fastest-growing global remittance companies, financial institutions, businesses, and consumers alike have trusted MoneyGram for 70 years to move money when it matters most. Now you can too.
AFS is now mainstream
Sometimes misconstrued as just for the "underserved" or "underbanked" we know the market for AFS is much broader. In fact, more than one in four households or 68 million adults, are either unbanked or underbanked, conducting some or all of their financial transactions through non-traditional banking solutions like MoneyGram. Additionally, about 25% of households, including all underbanked households and 64.9% of unbanked households, used AFS in the last year.* So whether customers are banked, underbanked — or just plain in a hurry — your financial institution can serve the growing demands of their everyday needs with MoneyGram.