Using MoneyGram to send money online
MoneyGram is one of the largest money transfer companies in the world, with millions of customers around the world. You can choose to send money offline or online with MoneyGram, either from a smartphone or laptop, or one of their many agent locations.
It’s a great company for some people because of its flexibility and convenience, but others may be put off by the fees and the fact that MoneyGram is a favourite of fraudsters because transfers can’t be traced.
There are a number of factors you should consider before you start using MoneyGram to send money abroad. In this blog we will review MoneyGram to show you what it’s really like, including looking at the pros and cons of MoneyGram, so that you can decide whether it’s the right transfer service for you!
MoneyGram - send money online
If you want to send funds online with MoneyGram, you can access their transfer platform on any device via a browser, or via their mobile app. Before you can send money you’ll first need to register for a MoneyGram account, which can take some time.
Here are some of the pros and cons of using MoneyGram for your online money transfers:
Pros:
- You can choose how you want the money to be received, whether directly to a bank account or to be picked up as cash by your recipient.
- Lots of cash pick-up locations
- Instant transfer of funds to the recipient for cash pick-up
Cons:
- Fees can be high - for example, sending £400 from the UK to a bank account in Nigeria will cost you £11.99 in fees
- You can’t send money with just card details - you’ll need various bank details
- You can’t track your payment, so MoneyGram is often used by scammers
- Although MoneyGram exchange rates are generally better than high street banks, you may be able to find better exchange rates with other money transfer providers
Is there another option to MoneyGram?
One of the main things that put people off MoneyGram are the fees, which can be very high.
When you send money to friends and family abroad, you want to save as much as you can so that more of your money reaches the recipient. The factors that affect this include the exchange rate and transfer fees.
Paysend is a fast and easy money transfer platform that lets users send money directly to bank accounts or cards with just a name and card number.
Money transfers to bank accounts with Paysend have zero transfer fees, and to cards cost just £1, €1.5 or $2 (or equivalent amount). Paysend uses excellent, competitive exchange rates, so if you send money with Paysend you might save yourself some money rather than MoneyGram!
On the Paysend homepage you’ll find a useful tool to help you find out if your money transfers with Paysend might be better for you than with MoneyGram. Click here to visit the homepage and get started.
Derniers messages
At Paysend, we’re always working to make international money transfers easy, fast and convenient for you — and now, sending money to Mexico just got even more convenient.
Starting April 1, 2025, Walmart Mexico has increased its cash pickup limit from $1300 USD to $1800 USD per transfer. That means your loved ones can now pick up more money in one go — with less hassle and fewer trips to Walmart!
When it comes to sending money internationally, three things matter most: knowing the exchange rate, understanding your delivery options, and being able to track your transfer from start to finish.
Whether you’re sending to a bank account, card, or mobile wallet, Paysend makes the process fast, secure and transparent – and gives you full visibility every step of the way. Here’s how.