MoneyGram logo

MoneyGram

2.3/5

MoneyGram is a global money transfer and financial services company offering check cashing, money orders, wire transfers, and bill payment services at thousands of agent locations worldwide.

Editorially reviewed by Harvey Brooks

Free to Use BBB: NR Free Consultation Visit Website

MoneyGram Review

MoneyGram International is a established provider of money transfer and cash services with a global network of agent locations. The company has built its reputation on providing accessible financial services to underbanked and unbanked populations across multiple continents. MoneyGram's core business centers on facilitating the movement of money domestically and internationally through various channels and partnerships.

The company offers a comprehensive suite of financial services including check cashing, money orders, domestic and international wire transfers, bill payment services, and money transfer capabilities. These services are delivered through an extensive agent network that includes retail partners, convenience stores, and dedicated MoneyGram locations. The platform provides both in-person transaction capability and digital options for certain services.

MoneyGram distinguishes itself through its global reach and established partnerships with major retailers and financial institutions. The company has invested in digital infrastructure to complement its physical agent network, allowing customers multiple channels to access services. Their long operational history and brand recognition in the money transfer space provide a level of consumer trust and accessibility that newer entrants lack.

A significant limitation is that the provided Foursquare listing page contains only a login interface with no substantive company information, service details, or operational data visible. This suggests the profile data may be incomplete or outdated. Consumers should verify current service offerings, fees, and locations directly through MoneyGram's official website, as the specific terms, rates, and available services vary by location and have evolved with market conditions and regulatory requirements.

Services & Features

Domestic money transfers
International money transfers
Check cashing
Money orders
Wire transfers
Bill payment services
Prepaid cards
Digital money transfer platform
Agent location network for in-person transactions
Mobile app for select services
Retail partner transactions
Currency exchange for international transfers

Feature Checklist

Credit Education
Identity Theft Protection
Score Tracking
Mobile App
Online Portal
Personal Advisor

Pros & Cons

Pros

  • Global money transfer network accessible in 200+ countries and territories
  • Multiple service channels including physical locations and digital platforms
  • Established brand with decades of operational history in money transfer
  • Extensive agent network through retail and partner locations for accessibility
  • Offers both domestic and international transfer capabilities
  • 24/7 availability at many agent locations
  • Competitive exchange rates for international transfers compared to traditional banking

Cons

  • Foursquare profile lacks current service information or company details, making verification difficult
  • Transfer fees and exchange rates vary significantly by location and service type
  • Customer service quality reportedly inconsistent across different agent locations
  • Slower processing times for some services compared to digital-native competitors
  • Limited transparency on fee structures in the provided listing

Rating Breakdown

Value
2.0
Effectiveness
1.5
Customer Service
2.2
Transparency
2.0
Ease of Use
3.9

Frequently Asked Questions

Is MoneyGram legitimate?

Yes. MoneyGram is a registered company headquartered in 6670 Stage Rd, Bartlett, TN 38134. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
6670 Stage Rd, Bartlett, TN 38134
BBB Rating
NR
BBB Accredited
No
Starting Price
Free to Use
Setup Fee
None
Free Consultation
Yes
Money-Back Guarantee
No
Visit MoneyGram

CreditDoc Diagnosis

Doctor's Verdict on MoneyGram

MoneyGram is best for consumers who need accessible, quick money transfer services or basic financial services without a bank account, particularly those sending remittances internationally. The main caveat is that the provided Foursquare listing contains no operational information—consumers must verify current fees, services, and locations directly with MoneyGram to ensure offerings meet their specific needs.

Best For

  • International remittance senders supporting family in other countries
  • Unbanked or underbanked consumers needing accessible cash services
  • Individuals requiring quick domestic money transfers without bank accounts
  • Those seeking convenient bill payment options at local retail locations
Updated 2026-03-21

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