How does MoneyGram work?
MoneyGram has a very simple mode of operation. If you want to use it as a deposit method at an online casino, you will first need to contact the casino and let them know about the fund transfer.
All fund transfers that involve MoneyGram are made manually. Once you give the casino details about the fund transfer, they complete the procedure at their end and credit the money to your casino account.
How to transfer money to MoneyGram? You can deposit money into MoneyGram at their website www.moneygram.com using internet banking or a credit card. If you would prefer to pay by cash instead, you can do so at the office of the local MoneyGram agent.
Once the money is sent to MoneyGram, they give you a reference number. You will need to give this reference number to the casino staff or finance department, and they complete the deposit. How long the process takes depends on your jurisdiction or country of residence.
Top MoneyGram Casinos:
Advantages of MoneyGram
- Flexible. MoneyGram is one deposit method that can be used in any situation, no matter where you are currently located. It doesn’t matter which currency you use, whether you have a bank account or not, and even if you don’t have a credit card – you can still transfer funds to an online casino by MoneyGram with cash. This makes MoneyGram one of the most flexible payment methods out there.
- Secure and Safe. MoneyGram is one of the most private and discrete ways to deposit money into an online casino without anyone finding out about it. There are no records as you can use cash and there is no need to enter any personal information or financial details online. So, there is no danger of getting hacked and having your information stolen. This is one of the safest and most secure deposit methods out there.
Disadvantages of MoneyGram
- Slow. MoneyGram is a manual way of depositing money into a casino, so everything is slow with this method. This is not automated as some of the other deposit methods out there, such as e-wallets and credit cards, which are integrated into the casino server. MoneyGram requires additional interaction between the player and the casino staff. This makes it slower than the other methods.
- Costs More. MoneyGram is not cheap. It is certainly more expensive than other deposit methods such as bank wire transfer and credit cards and debit cards. The fee charged by MoneyGram will depend on the location, amount of the funds transferred and the payment method used to deposit money into MoneyGram – cash or credit card/internet banking.
All MoneyGram Casinos:
