MoneyGram
MoneyGram is a money-transfer app from MoneyGram, founded in 1940 and headquartered in Dallas, Texas.
What MoneyGram is
MoneyGram is a money-transfer app from MoneyGram, founded in 1940 and headquartered in Dallas, Texas. It lets people send money from Android, iOS, or the web to more than 200 countries and territories, with real-time tracking and scheduled transfers. Recipients can receive funds in a bank account, mobile wallet, debit card, or as cash pickup. Payment options include Visa and Mastercard credit or debit cards and Apple Pay on iOS; availability varies by country, and Google Pay is not available in the mobile app. Users can save recipient details for repeat transfers and connect a bank account through Plaid for online bank payments. Fees and exchange rates depend on transfer details, with the exact amounts shown before confirmation. Transfers are described as instant, although Standard ACH payments typically take three business days to clear. Limits and app availability vary by location and payment method.
Good
- Sends to 200+ countries and territories
- Real-time transfer tracking
- Bank, wallet, card, or cash delivery
- Saves recipients for repeat transfers
- Shows fees before confirmation
Watch out
- No free plan or trial
- Google Pay unavailable in mobile app
- Availability varies by country
- Fees and limits vary by transfer details
Who it suits
It suits families and individuals sending money across borders who want mobile, web, tracking, recipient-saving, and multiple delivery options. It is also useful for scheduled transfers and users who need fee and exchange-rate details before sending.
Verdict
MoneyGram combines broad international reach with tracking, scheduling, and several recipient methods. Check country availability, payment limits, and the displayed fee and exchange rate before confirming.
The facts
Each one read from MoneyGram's own pages, with the date it was checked.
Money
- App cost
- The MoneyGram Money Transfers app is free to download.checked 8 Oct 2026
- Free plan
- Nochecked 20 Sep 2026
What it does
- Availability
- The app is not available in every country or territory, although MoneyGram services are available in 200+ countries and territories.checked 8 Oct 2026
- Bank linking
- MoneyGram says users can securely connect a new bank account through Plaid for online bank account payments.checked 8 Oct 2026
- Bank transfer timing
- The 3-Day Standard ACH payment typically takes three business days to clear, and the transfer is sent once the bank confirms payment.checked 8 Oct 2026
- Compliance
- MoneyGram says it is licensed as a money transmitter by the New York State Department of Financial Services and registered as a Money Services Business with FinCEN.checked 8 Oct 2026
- Exchange-rate model
- markupchecked 20 Sep 2026
- Google Pay
- Google Pay is not available within the MoneyGram mobile app, according to its FAQ.checked 8 Oct 2026
- Intended users
- MoneyGram describes the app as a way for families to send money to loved ones across borders.checked 8 Oct 2026
- Payment methods
- The app supports Apple Pay on iOS and Visa or Mastercard credit and debit cards; other options may vary by country.checked 8 Oct 2026
- Payment options
- The app FAQ lists Visa and Mastercard credit or debit cards and Apple Pay on iOS, and says other payment options may be available depending on country.checked 8 Oct 2026
- Purpose
- The app lets users send money from their phone to 200+ countries and territories and track transfers in real time.checked 8 Oct 2026
- Recipient management
- The app saves recipient details for repeat transfers.checked 8 Oct 2026
- Recipient methods
- MoneyGram’s online transfer page lists bank account, mobile wallet, debit card, or cash pickup as ways recipients can receive money.checked 8 Oct 2026
- Regulatory registrations
- MoneyGram lists money transmitter licensing in New York and Georgia, Massachusetts check seller and foreign transmittal licenses, NMLS registration, and FinCEN money services business registration.checked 8 Oct 2026
- Saved recipients
- The app can save receiver details for repeat transfers.checked 8 Oct 2026
- Scheduled transfers
- Yeschecked 20 Sep 2026
- Security
- MoneyGram describes the app as protected by bank-level security and real-time monitoring.checked 8 Oct 2026
- Support
- MoneyGram’s help page says Customer Care agents are available 24/7 by email.checked 8 Oct 2026
- Transfer fees
- Fees and exchange rates vary by transfer amount, payment type, delivery method, and pickup location; the app page says users can see the fee and exchange rate before sending.checked 8 Oct 2026
The company
- Company history
- MoneyGram says it was founded as Travelers Express Company, Inc. in Minneapolis in 1940 and relocated its global headquarters to Dallas, Texas, in 2010.checked 8 Oct 2026
- Founded
- 1940checked 28 Sep 2026
- Headquarters
- Dallas, Texas, United Stateschecked 28 Sep 2026
Where it runs
- Mobile platforms
- bothchecked 20 Sep 2026
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