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It may be fairly surprising that MoneyGram actually formed as a result of two companies coming together and forming one larger brand. However, that’s precisely the case. The Minneapolis-based Travelers Express and the Denver-based Integrated Payment Systems Inc. united to create what we know today as MoneyGram.

This was first witnessed back in 1998, although it remained in operation under the name of Integrated Payment Systems. It was only in 2004that it took the title that it still goes by today.

It was later in 2004 that MoneyGram was sold as a publicly traded, individual entity. Just two years later, the company had expanded internationally, including over 96,000 agents in various regions. These included Asia-Pacific, Eastern Europe and Central America. Additional services were introduced alongside, including bill payments and online money transfers.

This puts it in the same category as another well-known money transfer brand – Western Union. And because the service is able to be used online as well, this made MoneyGram a definite option for those looking to deposit at the best online casinos. As noted, it remains much more of a method that US players take advantage of, as it is there that more restrictions are in place. However, this doesn’t mean that MoneyGram is a bad option to utilise.

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While MoneyGram does provide quite the alternative to cards and bank transfers, it remains as an easy option to utilise.There’s no registration required for using MoneyGram. Instead, you can simply visit an outlet and send the cash to your chosen online casino site.

Of course, you can also send the money simply by using the MoneyGram website, although you’ll need the casino’s MoneyGram details for both options.

If you’re using the online website, you need to have a bank account or card that you can have the money transferred from. In this instance, MoneyGram simply works as the deposit’s middleman. If you’re depositing with cash, just visit a location providing MoneyGram transfers and request to send it to the casino using the details provided.

You’ll also need a form of identification as well. In both depositing circumstances, you need to give a reference number to the online casino.

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The fees that are attached to MoneyGram totally depend upon how much money you’re sending and where you’re sending the money to as well. However, the fees are generally lower if you’re utilising a bank account for doing the deposit. Paying with a credit or debit card will see the fees standing slightly higher. You can calculate the specific fees for your probable transfer by using the MoneyGram on-site calculator.

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While deposits through MoneyGram are much more common at online casinos, withdrawals can sometimes be done with this method, too. as with making a deposit, the process is generally an easy one to go through.

Of course, you need to be aware of withdrawal fees for this method, and it usually takes a platform around 48 hours to process this. After that time period, you can pick up the money or see it in your bank account relatively quickly.

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We've been through the best MoneyGram casino sites to find out which are the fastest ones in paying winnings. Here is the ultimate list with the TOP 5:

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Let's have a look at all the advantages of this online casino payment method.