Alternative Financial Services for Financial Institutions

MoneyGram has been providing non-traditional financial solutions for more than 70 years and directly serving financial institutions for more than 40 years. Now widely referred to as Alternative Financial Services (AFS), our solutions are finding a place alongside more traditional forms of banking. The affordability and speed of these services combined with the recent global economic decline, have contributed to the growth of AFS. In fact, global remittances alone are forecasted to grow to $615 billion by 2014.*

*September 2011, FDIC National Survey of Unbanked and Underbanked Households

International and Domestic Person-to-Person Money Transfer

Attract new customers and strengthen your existing deposit relationships by providing in-person remittance services at your branch locations:

  • Customers can send and receive money in as little as 10 minutes* to more than 284,000 locations in 196 countries and territories
  • Service does not compete with traditional wire transfer programs
  • Single point of service platform – receive this service plus MoneyGram's bill payment and prepaid platform in one footprint
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*Subject to agent operating hours, availability and local laws and regulations.

Expedited and Convenience Payment Services

Supplement your existing bill payment services by providing customers with the ability to make same-day payments to thousands of top U.S. billing companies like Capital One, DirecTV, DISH Network, Ford, Geico. Honda, Nissan, Santander, Vanderbilt, and many more:

  • Nearly 7,500 billers currently available for payment
  • Same-day, Next-day, and 2-3 day payment services
  • Competitive consumer pricing
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Prepaid Card Loads and Mobile Recharge Services

Offer the convenience of card reloads and mobile recharge services at your branch locations:

  • Real-time card loads and mobile recharge within minutes
  • Top domestic prepaid programs, like AccountNow, RushCard, NetSpend, and Univision
  • Top domestic and international mobile phone providers like AT&T, Verizon Wireless, Movistar, Unefon, and Orange
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Online Affiliate Program

Enable your customers to send person-to-person money transfers, pay bills, and load prepaid cards online from the convenience of virtually anywhere:

  • Links consumers from your financial institution's website to MoneyGram's site
  • Convenient payment methods accepted including bank account, debit or credit card
  • No upfront capital and fast implementation
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Money Orders and Official Checks

Provide your customers the convenience of paper payment options while increasing efficiencies through outsourcing to MoneyGram:

  • Complete program management and support
  • Reconciliation and processing
  • Inventory management, replenishment and more
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MoneyGram Payment Systems, Inc. Licensed as a money transmitter by the Banking Department of the State of New York. © 2009-2014 MoneyGram All rights reserved.

  1. Pay with your credit or debit card
    • Same Day money transfer: Funds will typically arrive for cash pickup 10 minutes after the transfer is sent. Transfers can be picked up at any MoneyGram location in the designated country, state or province. Subject to agent availability, hours of operation, and local regulations.
    • Account Deposit money transfer: Funds will be sent for deposit to the designated receiver's account
  2. Pay with your U.S. bank account'
    • Economy money transfer: Funds will typically arrive for cash pickup 3 business days after the transfer is sent. Transfers can be picked up at any MoneyGram location in the designated country, state or province. Subject to agent availability, hours of operation, and local regulations.
    • Account Deposit money transfer: Funds will typically be released for transfer within three business days after the transfer is sent and deposited to the designated receiver's account
  3. Transfer fees vary based on the service option and transfer amount. Prices are subject to change.
  4. In addition to applicable Fees, MoneyGram also makes money when it changes your dollar to foreign currency. Currency is converted at an exchange rate set by MoneyGram or its Agents. Please see the terms and conditions or call MoneyGram at 1-800-MONEYGRAM for more information regarding currency exchange.
  5. Payout in a currency other than EUR is available only at select agent locations and subject to availability of the currency at the time the transfer is picked up. Other Fees and Other Taxes may also be applicable.