MoneyGram (named MoneyGram in English) is a personal global fast remittance service launched by MONEY GRAM Company. It is a business in which the payee presents the 8-digit remittance reference number provided by the overseas remitter and provides valid identity documents to the bank counter or outlet where he acts as the agent of MoneyPay, and after being authorized by the overseas agent, the teller handles the cash withdrawal or transfer settlement for him.

So that customers' overseas funds can be remitted to users in the first time, and "global remittance can arrive in minutes" can be realized. The procedures for handling the moneygram business are very simple and convenient. When handling remittance business, the remitter only needs to bring his/her valid ID to any outlet in MoneyMoney World, fill in relevant forms, and get a transaction number after paying the money and fees. The remitter only needs to inform the payee of this number. After a few minutes, the payee only needs to carry his valid identity document and go through simple procedures at the designated outlets to collect the money. MoneyMoney's instant payment system is connected with computers all over the world, and remittance details are recorded one by one. After verification, authorize payment. All data are stored and processed in a computerized way, and the cashier withdraws the remittance by the remittance number, so the business process is safe and reliable.

Transfer business can meet the needs of people who need fast remittance service, especially in emergency situations where money is urgently needed, and in areas with underdeveloped banking networks and high risks in the financial system. Within a few minutes after the remitter completes the remittance formalities abroad, the payee can collect the remittance at the designated agency outlets without paying any fees. In addition, remittance and collection do not need to open an account in a bank.

MoneyMoney Company is one of the largest remittance service companies in the world. It is a joint venture company established on 1997 by MoneyMoney payment system company of the United States and Tongji Long Group. It has as many as 50,000 branches in more than 150 countries around the world. MoneyMoney Remittance Service Company has 60,000 agents in 165 countries, and its business transaction clearing center in Denver, USA is responsible for providing 24-hour customer service. The service of moneygram in China has a history of 10 years. Through the MONEY GRAM moneygram system, it takes about 10 minutes to complete the remittance between individuals around the world. The advantages of this service include its reliable remittance system, which does not require bank accounts and free information.