Information about MoneyGram casinos
MoneyGram is a leading cross-border payment and transfer service. Able to send money to over 200 countries and territories and with over 300,000 agent offices, it is one of the largest payment companies in the world.
The universal presence of this provider means that a range of MoneyGram online casinos accept it as a deposit method. You can use this page to find the best MoneyGram casinos as well as how to make a deposit with this method, the pros and cons of using it, and how to find MoneyGram casino bonuses.
Table of contents:
About MoneyGram
The name MoneyGram, or MoneyGram International, has been around since 1988 when it was formed as a subsidiary of Integrated Data Systems Inc., which itself belonged to the American Express group of companies.
However, the MoneyGram we know today really took off in June 2004, when its then-owner, Viad Corp, sold it to investors who launched it as a publicly traded, individual entity. Within two years, it had expanded its service to almost 100,000 agents scattered across Asia, Eastern Europe, and Central America. It added bill payments and online money transfers to its services as part of this drive.
MoneyGram was strong enough to withstand the financial crisis of 2008, despite losing more than €1.6 billion in securities backed by risky mortgages. It hit another road bump between 2013 and 2015 when its shares dropped by 70%, but has since progressed steadily to cement its status as a leading financial service.
In 2019, it embraced the world of cryptocurrencies by partnering with Ripple to use the digital coin XRP for cross-border payments; then the following year it launched a digital wallet with Digital Financial Services LLC for UAE-based consumers.
Note: It's safe to say that MoneyGram is a huge company. It has consistently posted revenues of over $1 billion in the last few years, employs over 2,000 people and operates in virtually any country you can think of. However, there are some pros and cons that you should consider when using its service, as you'll see in the next section.
The pros and cons of MoneyGram
If you're thinking of registering yourself as a MoneyGram user, or even if you're already a customer, it's useful to know the advantages and disadvantages of its service before deciding whether to use it.
Starting with the positives, we can say the following:
It has a universal presence
MoneyGram's huge size comes with great flexibility for its customers. Short of going to North Korea, you're very unlikely to be in a city that doesn't have at least one MoneyGram office. You should also find at least one or two online casinos that accept it, wherever your location.
It's secure
With great size comes great responsibility. MoneyGram must follow strict security protocols in most countries, so you'll find that their service is backed up by top authorities, such as the UK's Financial Conduct Authority (FCA).
It has several good customer service options
If something goes wrong with a payment, it's important to have solid support options. MoneyGram does well here, offering several social media channels and a quick-response help form. They only provide a phone number once they respond, however.
Some services are unavailable to consumers in certain countries
While cash and card payments are available to everyone, some internet services are restricted to users in certain countries, possibly including casino deposits.
It's often slower than Fintech methods
Many digital services guarantee instant payments. This isn't the case with MoneyGram whose transfers often arrive the next business day – not great if you're looking to make an instant casino deposit.
It often has poor currency conversion rates
Compared to other services, we found that MoneyGram can offer a relatively poor conversion rate. We tested three transactions and found that the recipient in each case receives less than a rival provider. Be sure to check these before you make a cross-border payment.
How to use MoneyGram in online casinos
Once you've found the best MoneyGram casino for you, you might want to make a deposit. The good news is that this is straightforward: just make sure that your casino account is ready to accept funds.
Here's the step-by-step process:
- Go to the casino's cashier page and select MoneyGram as the deposit method
- Log in to your MoneyGram account on the screen that appears.
- Enter the amount you wish to deposit
- Double-check the details and click confirm
- Make a note of the MoneyGram reference number that they give to you.
Note: Depending on your location, the transfer may take over 24 hours. If it takes much longer than this, then go to MoneyGram's customer service with the reference number and explain that you're waiting for a transfer to complete. Both MoneyGram and the casino should be able to help you with this.
MoneyGram casino withdrawals are also possible but depend on whether the casino sanctions them or not. If they do, then it will simply be a case of following the above procedure, but via the site's withdrawals section. Withdrawals typically take longer than deposits, and often incur extra fees.
Finding the best MoneyGram casino for you
MoneyGram is a widely recognized payment method with many security measures, but it doesn't mean the online casinos supporting it are as trustworthy.
You can take steps toward finding the top MoneyGram casinos on this page. The Casino Guru team has designed a method that will help you pinpoint only the best casinos. We award each site a Safety Index based on unbiased factors, such as the size of the casino and the number of complaints it has received.
We advise you to start with the MoneyGram casinos with the highest Safety Index: you can find these by clicking the 'Recommended' tab on this page.
If you'd like to see only new casinos instead, then the 'Newly opened' tab will give you these. Be warned, though, these may not be safe as we often don't know enough about them to be sure of a secure playing experience.
You can also make use of other filters if the list still isn't small enough for you. These include the following:
- Game provider: find your preferred developer, such as Betsoft or Habanero, with this filter.
- Game type: lets you see casinos with your preferred game style, whether you're a video poker or slots fan.
- Withdrawal limit: use this slide bar to see the casinos with your desired withdrawal limit.
Take your time and look through all the options on this page. Hopefully, you'll be a lot closer to finding your ideal online casino when you're done.
MoneyGram casino bonuses
Using bonuses can be a fun way to get to know a new online casino. They normally take the form of free spins or credit, which you could get after putting funds into your account (deposit bonus), or a smaller amount simply for registering (no deposit bonus).
To find MoneyGram casino bonuses, just go to our list of casino bonuses and find the 'Payment Method' section. Once there, select the 'MoneyGram' box to find all the bonuses relevant to these casinos. These should all be relevant to the day of your search due to the Casino Guru team keeping the list continuously updated.
You can also narrow these options down by locating each bonus type: to do this, go to the 'Bonus Type' section and select your choice. For deposit bonuses, for example, just click the relevant box. Going to our list of deposit bonuses and choosing 'MoneyGram' there will also give you the same offers.
