Moneygram Accepted Online Casinos
Andreea Stanescu
Content Writer
Liliana Costache
Online Gambling Content and Localization Manager
MoneyGram is a global leader in cross-border peer-to-peer payments and money transfers. With a long history of service all over the world, some people have been wondering if they are any good with casinos. Let’s explore that today as we take a look into MoneyGram online casinos.
About MoneyGram Online Casinos
MoneyGram is recognized for its ability to facilitate money transfers in over 200 countries, boasting a vast network of over 300,000 agent offices. Their global presence and reliable history have made them a global icon among payment providers.
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|---|---|
| Type of Payment | International Bank Transfer |
| Founded | 1940 |
| Headquarters | Dallas, Texas, USA |
| Number of Employees | 1,001-5,000 |
| Number of Countries | 200+ |
| Licenses | 50+ |
What’s Special About MoneyGram?
MoneyGram offers a blend of security, accessibility, and reliability, making it an appealing choice for online casino transactions. It's a service that resonates with players who prefer a more traditional yet secure method of transferring funds.
Much like in our Western Union casinos list, I would like to mention that casinos that accept MoneyGram aren’t overly common at all. However, the transfer speeds and currency conversion rates are where the payment provider shines.
The international money transfer services offered by the payment provider are also noteworthy for their inherent flexibility. You can make payments through debit cards, credit cards, bank transfers, and even cash pickups at authorized locations.
How to use MoneyGram in Online Casinos?
To make a casino deposit with this specific payment solution, players typically follow these steps:
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In the casino’s cashier section, select MoneyGram as the deposit method.
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Log into your service account to initiate the transaction.
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Input the desired deposit amount and payment option
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Confirm the transaction details and record the reference number provided.
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Finally, if you used an offline method of payment, send your reference number to your casino’s customer support so they can update the funds as soon as they arrive.
Note
Remember that transfers can take between 0 to 4 days, depending on the payment and receiving method.
Author’s Tip
Looking for similar security measures but can’t handle long wait times? Why not look into PayPal online casinos?
MoneyGram Fees
Transactions via MoneyGram usually accrue a one-time fixed charge depending on your payment method. From what I saw, debit card payments are the cheapest and cost around $2. Using credit cards to make transactions comes with a fee upwards of $32.99.
Finally, fees for bank transfers vary from region to region and bank to bank, so I’d recommend looking into MoneyGram’s Rates and Fees chart for an accurate idea.
Security and Regulatory Compliance Features
The payment provider has licenses in all 50 US states, including:
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New York State Department of Financial Services;
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The Massachusetts Check Seller License;
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Foreign Transmittal License;
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Georgia Department of Banking and Finance.
MoneyGram also uses various identity verification methods and encryption technologies to ensure both the online and offline security of your funds.
Are MoneyGram Online Casinos Worth It?
MoneyGram represents a bridge between the traditional methods of financial transactions and the iGaming industry.
Although I wasn’t the biggest fan of the tediousness that comes with their services, I can see why they are preferred by some traditional gamers.
While it may not offer the instantaneous processing of some digital methods, its reliability, security, and global reach make it a valuable option for online casino players who prefer a more conventional approach to managing their gaming funds.
Page Contributors
Andreea Stanescu
Content Writer
Liliana Costache
Online Gambling Content and Localization Manager
