Money Gram is a leader in the evolution of digital P2P payments thanks to a purpose-driven strategy that allows easy transactions, fintech innovation and a customer-oriented approach. The company is based in Dallas, Texas and was established back in 1940. Currently, the number of users are over 650 million which make the company one of the undisputed leaders on the US market. However, it is important to point out the fact that MoneyGram is a land-based deposit method that is definitely not favored by many online players. If you are asking where does a large number of users originate from, the answer lies behind the fact that there are still some people that transfer money without extensive knowledge when it comes to smartphones. Online gamblers are quite spoiled due to a large number of competitors on the casino scene. Mobile compatibility and convenience have become a necessity that Money Gram is not supporting. This is the reason why the majority of online casinos do not support this payment method. Nevertheless, our team has dug deeper and reviewed all of the information you might need in case you do prefer MoneyGram as a payment solution.
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Money Gram is among the few payment methods that date back 80 years even though it was established under another name. The very beginning of the company started back in Minneapolis with the establishment of Travelers Express. The idea was to create a company that is going to lay the role of a mediator for all types of money orders in the US which ended up acquired by The Greyhound Corporation. The name Money Gram came later in 1988 as a sub-brand of American Express. First Data Corporation which was then in charge of Money Gram wanted to merge with the new company’s biggest competitor – Western Union. In 1996 the company was finally established as an individual brand that attracted the former president of Western Union that boosted Money Gram’s expansion towards a total of 22,000 locations spread across more than a hundred countries!
In order to deposit or withdraw funds using Money Gram, there are some essential steps you should keep in mind. First, create an account with Money Gram in order to ease the process. Then, thoroughly check whether the chosen online casino accepts it as a payment method and even if it is not listed, do contact customer support since a lot of the gaming platforms do not include it due to the fact that it is rarely used. If they do accept it, redirect yourself to moneygram.com and pick an available payment method from which you are going to transfer the funds. Once you have chosen the details, the amount and the applied fees, you are going to be given a unique code that will give you the ability to track the transaction. The last thing you should do is send the code to the casino and await the needed confirmation. It can be easily spotted that Money Gram transfers are a lot more time-consuming than the ones carried out with an e-Wallet which explains why online gamblers that are fond of efficiency are not particular fans of this payment option.
If you are looking for certified trustworthy online casinos that you can play at using Money Gram as a payment option, our team at CasinoDaddy.com has compiled a list of online casinos that are a great choice when it comes to games portfolio, special features and fairness. There are several casinos that accept Money Gram as a payment method and luckily all of them are fully reviewed on our website that you can easily check out!
The online gambling industry is one of the fastest developing markets including the live casino sector that is currently expanding rapidly. All of the casino providers are trying to beat the competition which is why a better selection of live dealer games is a must for every reputable online casino. Check out the live casino games, developed by Evolution Gaming, for example. World-class casino products, available at several online casino operators that have already adoped Money Gram as a payment method. Player experience and satisfaction are boosted even more when they are presented with a payment option that allows them to transfer funds safely which is why Money Gram is among the preferred payment methods with its 80 years of experience!
Mobile compatibility is another feature that online players highly value not only for casino games but for payment options as well. Even though Money Gram is primarily a land-based payment solution, it does support a website option that allows players to easily transfer funds online without the need to leave the comfort of their homes.
As we previously mentioned, Money Gram has over 80 years of experience and is currently one of the widest available payment methods across the whole world. This payment solution is available on all six continents in over 200 countries. However, it is important to point out that MoneyGram can be used only for casino payments by players that are based on the premises of the USA.
There are a number of online casinos that support Money Gram as a payment option such as Melbet Casino, one of the industry’s best choices which has a wide range of casino games, bonuses and special features. Melbet Casino is ready to welcome every casino player with a bonus package that consists of up to 575% up to 1,750 EUR and 290 Free Spins.
Even though a lot of payment options that are widely used in the casino industry are free of charge, Money Gram is one of the payment methods that require a transaction fee. The fees are 1-4% of the total transaction amount which is quite a lot when you take into consideration the fact that all types of e-wallet payments are free of charge. This is one of the reasons why online players tend to avoid the use of Money Gram.
The deposit and withdrawal times of Money Gram payments are not particularly established as they do vary depending on the agent which is in charge of the transfer. However, usually, the fastest transfer can be done in 10 minutes. The only thing which is certain is that the transfer is not carried out immediately.
Yes, there are fees that vary between 1-4% of the total transaction amount.
They are completely safe and secure!
Both options are equally reliable!
The fastest transfer can take up to 10 minutes.
There is no minimum amount accepted for deposit which is one of the method’s advatnages.
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