Online casinos that accept MoneyGram deposit method
MoneyGram is a money transfer service that works the same way as Western Union. It is very popular and allows you to send money almost anywhere.
To deposit at online casinos, you will need to go to one of the MoneyGram locations near you to order the money transfer. MoneyGram is one of the payment methods that many US online casinos offer.
MoneyGram History
Moneygram was originally known as Traveler’s Express. Founded in 1940, it became the largest provider of money orders in the United States. They expanded into international markets in 1990, opening over 100 new branches.
In 1998, Travelers Express acquired MoneyGram Payment Systems, which was originally founded by a subsidiary of American Express in 1988. Since then, they have become the second largest name in money transfers with over 350,000 branches in 200 countries around the world.
Many users enjoy MoneyGram services that include money transfers, payments, electronic bill payments, official check services and traditional money orders.
How to deposit online casinos using Moneygram
After finding the online casino you like, the first thing you have to do is contact the online support and check if they accept Moneygram as the payment method.
The fact that Moneygram transfers are done manually and they will need the details of the online casino to proceed. Once you have all the necessary information, you will be ready to deposit.
In some countries, you can request a transfer online from the Moneygram website, using your credit card or bank account. For those who do not have this opportunity or prefer to pay in cash, the only option available is to go to a Moneygram location.
After making the transfer, you will get a Moneygram reference number. Please contact the online casino financial department and provide this code to complete the deposit. The casino will process your request within the specified time frame for deposits.
Please note that while many online casinos cover the fees, in this case you will most likely have to pay them. Fees are generally high compared to other payment methods. In this case it is 1% of the transaction value.
How MoneyGram works
Once you have chosen the online casino you wish to play at, you will need to start by registering for a new player account. Be sure to look for any new players or initial deposit bonuses you may have for your enjoyment. Once you have set up your account, the next step is to make your deposit into the account so you can play the casino games for real money. You can also use MoneyGram to make your withdrawals.
If you finally decide to make a deposit with MoneyGram, contact the online casino staff and let them know how you plan to reload your funds. They will give you any information you may need to finally complete the MoneyGrams transaction.
If you will be going to one of the many MoneyGram locations, you will need to fill out a money transfer form, making sure to put the required information on it. You will tell them how much money you want to put down and enough to cover the costs. Once you are done, save the receipt because it has an important number that you will need to give to the online casino to verify your deposit. You can also use MoneyGram to make your withdrawals.
What are the advantages of Moneygram?
This payment method is one of the few that are really versatile. You can use it at many online casino sites, without even having a credit card. The Moneygram payment method is useful for US players who are deprived of other better alternatives.
Another advantage of Moneygram is the fact that you can use cash to deposit and control your spending easily. Moneygram is safe and secure, with no risk of identity theft or electronic fraud.
What are the disadvantages of Moneygram?
There are several disadvantages to using this payment method. The first is the fee. As mentioned above, there are transaction fees that can be charged by the online casino, plus 1%. There will be few online casinos that accept Moneygram for withdrawals, but those that do, will probably charge you a fee for the withdrawals.
There is also a need for currency exchange, which adds to the expense. Moneygram transactions are processed manually, which makes this payment method slower. This means that you will not be able to play immediately or receive funds from the online casino quickly.
