MoneyGram International, Inc., the parent company for MoneyGram (aka Money Gram) is what is known as a “global payment services company.” Money transfers, money orders, bill payment and prepaid Visa debit cards are available in MoneyGram’s vast array of parent and agent stores across the globe (visit www.moneygram.com discover moneygram locations) or via its online portal, www.moneygram.com. Since 1940, MoneyGram has worked hard to become a highly efficient, economical and secure (See http://www.moneygram.com/MGIUS/CustomerService/ConsumerProtection
/index.htm) means for consumers and businesses to send and receive money. The small money order company known as Travelers Express that opened in Minneapolis, Minn., has grown by leaps and bounds to become a payment services leader.
MoneyGram doesn’t offer payday loans, but it is recognized worldwide
Through it all, MoneyGram’s corporate values of “respect, courage, passion, integrity and teamwork” have guided everything it does. A good business cannot be built without good people, and so MoneyGram has gone forward by “providing a challenging, friendly and rewarding environment” for its employees. Considering the company’s longstanding tradition of success in the global payment services market, it would appear that employees have risen to the challenge. Part of that challenge is MoneyGram’s initiatives that give back to the community (See www.moneygram.com/MGICorp/CommunityGiving/index.htm).
Loyal customers are rewarded for using MoneyGram
Customers want to be made to feel special at any business, which is why MoneyGram has programs like MoneyGram Rewards. The company will automatically keep track of the number of Eligible Money Transfers (See www.moneygram.com/MGIRewards/ProgramRules/index.htm) a customer makes via a MoneyGram Rewards card. It’s free, much like a standard grocery store savings card. The more times a customer sends money, the lower the cost for sending money becomes. Special promotions also become available to MoneyGram Rewards customers over time, a “Thank You” from MoneyGram to the customer for their loyalty.
How much do customers save with MoneyGram Rewards?
- For three to five eligible money transfers per year: Save 5 percent off transfer fees!
- For six or more eligible money transfers per year: Save 10 percent off transfer fees!
Other ways MoneyGram Rewards benefit MoneyGram customers
- Speed – No forms to fill out, as identifying information is contained on a customer’s MoneyGram Rewards account
- Control – Receive Notice instantly notifies customers when their sent money is picked up
Online metrics: How www.MoneyGram.com fares
Compete.com tells a story about MoneyGram’s online portal – www.moneygram.com – that mirrors its longstanding tradition of success. According to February 2010 numbers, www.moneygram.com received 217,393 visitors, an 8.22 percent increase over the previous month. Overall, 349,980 visitors came to the Web site in February, which actually reflects a 9.57 percent drop. That kind of fluctuation appears normal for financial service companies, however, based upon recorded numbers for the past 12 months.
In terms of referral share, Google.com sent the most traffic to www.moneygram.com in February (17.43 percent), while Yahoo.com (10.31 percent) and Emoneygram.com (9.89 percent) came in for show and place. Search share indicates that 33.87 percent of www.moneygram.com visitors used “moneygram” in their favorite search engine, while “money gram” (12.07 percent) and “moneygram locations” (6.73 percent were also significant.
When you go with MoneyGram, you go with a payment services leader
When friends or loved ones need a loan and live on the other side of the country – or in another country – MoneyGram is an excellent choice. Low cost, speed, efficiency and security have kept the business strong for 70 years.