Why Would Someone Use MoneyGram?

What do you need to use MoneyGram?

Have your valid ID, receiver’s information and the money you want to send.

Hand the money, plus fees, to the agent and your money will be on its way!.

How much does MoneyGram charge to send $100?

Within the United States, Western Union is slightly cheaper than MoneyGram to send $100 via an online bank account: $0.99 for Western Union compared to $1.99 for MoneyGram. However, the two platforms charge the same amount if sending via debit card, and Western Union charges more when sending through a credit card.

Is MoneyGram cash only?

Most MoneyGram agents accept cash only for transactions at agent locations. Contact your agent prior to your visit to find out what method of payment they accept. … Money is typically ready for cash pickup within minutes* after the transfer has been sent successfully.

What does MoneyGram do?

MoneyGram allows you to send money directly to a bank account or mobile wallet in select countries. To find out if you can send money to your receiver’s bank account or mobile wallet, start sending money or estimate fees from the home page, and select “Account Deposit” as your receive option.

Can you get scammed with MoneyGram?

Money wiring companies like MoneyGram and Western Union have also known that scammers have people wire money using their services. … When the FTC settled with those companies (MoneyGram in 2009, Western Union in 2017), they also agreed to make changes to protect people from fraud.

Why did MoneyGram declined my transaction?

The decline could be related to the cash advance capability of your credit card, your credit card limit, a mistake when entering bank account information or other requirements from your bank. Please contact your bank directly.