MoneyGram Walk-In Payment Services for Businesses: More Options for Your Customers, More Payments for You
An estimated 20 percent of U.S. households are unbanked, or 22.2 million families without a bank account.* Additionally, 19.4 percent are considered underbanked, representing an additional 22 million families**. It's evident based on this research that consumers are still very much in need of cash payment alternatives. That's why MoneyGram offers a vast nationwide network of retail agent locations for the ExpressPayment� service, prepaid services, and utility bill payments.
By providing your customers with a cash payment alternative, you're increasing their payment options and your likeliness of getting paid.
If your company does not have a cash payment solution, or if you're looking to supplement your current in-house or outsourced solution, MoneyGram can provide you and your customers with fast, convenient, and affordable walk-in payments.
Benefiting Your Business
Guaranteed cash payments
ExpressPayment Service, Prepaid Service and Utility Bill Payment Service available
More than 40,000 MoneyGram ExpressPayment retail agent locations, including Wal-Mart
Customizable data feeds from batch to real-time***
Industry-leading online reporting
Patent-pending transaction management technology
No risk of NSF or returns
Your bank account credited daily via ACH or wire
Walk-In Payment Services
MoneyGram ExpressPayment� Service: A Fast, Convenient and Reliable Payment Service
MoneyGram ExpressPayment enables you to receive same-day, guaranteed payments for bills, loans, prepaid cards and more. Your customer pays cash at one of our 40,000+ nationwide agent locations, including Wal-Mart stores. MoneyGram guarantees the payment, sends you real-time notification, and credits your bank account daily via ACH deposit or wire.
Benefiting Your Business
Increase payments with more than 40,000 nationwide agent locations, including Wal-Mart stores
Guaranteed payments - no risk of NSF or returns
No equipment necessary
Low consumer pricing - up to $6 saving over the leading competitor****
Revenue-generating opportunities available*****
Dedicated account management to help you increase your collection volume
MoneyGram Utility Bill Payment: A Cost-Effective Alternative for Accepting Your Customer's Walk-in Utility Payments
With MoneyGram's Utility Bill Payment service you can reduce overhead costs and increase efficiencies by outsourcing your walk-in payment processing. Built with the latest technology, our system can help streamline your payment processing and reduce errors - all while providing customers a no-hassle way to pay at convenient locations.
Benefiting Your Business
Cash payments are guaranteed
Growing network of targeted payment locations - local and nationwide
Proven payment services provider with 65+ years of financial services expertise
Industry-leading online reporting and patent pending technology
Customize your data feeds, from batch to real-time***
*Source: "Electronic Transfers," General Accounting Office: 2002.
**Source: Source: BearingPoint/Visa: 2006.
***Minimum transaction volume may be required.
****Savings based on a comparison of standard rates of MoneyGram
ExpressPayment service to Western Union Quick Collect effective 7/16/07.
Savings vary by biller and prices are subject to change. Quick Collect� is a
registered trademark of Western Union Holdings, Inc.
*****Minimum transaction volume may be required.
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
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
Transfer fees vary based on the service option and transfer amount. Prices are subject to change.
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.
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.