MoneyGram is a financial services company providing check cashing and money transfer services to consumers and businesses. The company serves customers seeking to cash checks, send money domestically and internationally, and access associated financial products through its retail network and digital platforms.
MoneyGram operates 178 locations across the United States, with particular concentration in New Mexico, Tennessee, and Arizona. The company's offerings include check cashing, domestic and international money transfers, and bill payment services available through physical locations and online channels.
MoneyGram's operations are regulated under federal and state financial services laws, including oversight by the Financial Crimes Enforcement Network (FinCEN). Transaction fees apply to check cashing and money transfer services, varying by transaction type and amount. Consumers should compare fee schedules and service offerings with alternative providers such as banks, credit unions, and digital payment platforms before selecting a money transfer or check cashing service.