MoneyGram Casino – Online Casino Deposit Methods

If there’s one name people trust when it comes to land-based money transfers…well, that name is probably Western Union, which has long been the leader in this field. But not far behind them is MoneyGram, another money transfer company founded in 1940. Based in Dallas, Texas, this company helps users around the world in more than 200 countries to transfer funds securely and without need credit cards or bank accounts. .

While this is certainly a very different way of making a deposit from most of the methods we discuss, there are some clear advantages to using this service, namely that it is basically available to any user , regardless of the resources at his disposal. hand.

MoneyGram may not be the most popular deposit method in the iGaming industry, but many casinos accept it. We have done extensive research to compile a list of the best casinos that offer this method. These sites come with many player-friendly features, including:

  • Safe and reliable deposits that can be made by MoneyGram
  • Hundreds of slot machines and other fair and fun games
  • Bonuses and promotions that give you more value on your deposits

Story

The company in its current form is the result of a series of mergers and acquisitions over the years. In 1940, Travelers Express was founded and would become the largest money order provider in the United States. By the 1990s, the company had gone international with locations in over 100 countries.

In 1998, Vlad Corporation – the parent company of Travelers Express – acquired MoneyGram Payment Systems, which had been founded by a subsidiary of American Express in 1988. The combination of the two companies allowed their reach to expand across the world , in regions that were previously unserved, such as Asia, Eastern Europe and Central America. In 2017, Ant Financial Services Group announced that it would buy the company for $880 million.

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How to use

In order to use this service to make a deposit, you will first need to find a casino that accepts this method. Next, you’ll want to take a look at their cashier page and see what information they give you. Here you will find the details you need to initiate a money transfer; alternatively, you may need to contact customer support directly in order to obtain the information necessary to process your request.

Once the site informs you of where to send the funds, you will need to actually process the request. In some jurisdictions, this can be done online through the company’s website. In these cases, of course, you will need to use a credit card, bank account or other electronic payment method to pay for your order. But since most people would simply use these methods to make a deposit if they are available, we imagine most who use this service will instead want to find a local MoneyGram agent who can accept money. These can be viewed on moneygram.com and generally consist of local outlets from which money can be sent or collected.

Once the purchase is complete, you will receive a reference number from MoneyGram. At this point, you need to contact the casino again and provide them with this number, so they know when your funds have arrived and can track the progress of your deposit. Once they receive the money, they will release your funds to your account balance and you can start playing on their site.

Not sure if you want to withdraw money to your credit card, open an account with an e-wallet or deposit with Bitcoin? We recommend that you take a look at our guide to online casino payment methods.

Advantages and disadvantages

The biggest advantage that MoneyGram offers users is the ability to use it just about anywhere in the world, with any payment method. Even if you want to pay cash, you can easily walk into an agent and pay on the spot, no questions asked. It’s also a safe and secure way to transfer funds, with no risk of identity theft or wire fraud for those paying cash in person.

However, it is important to note that this unusual degree of flexibility comes with significant drawbacks. Firstly, unlike options that result in instant deposits, there is usually a delay between when you initiate a transfer and when the casino confirms receipt of that money, which means you may not be able to play. immediately. Additionally, senders usually have to pay quite high fees on each transaction, and if there is a need for currency exchange in the process, it will be at unfavorable rates.

FAQs

Do I need an account to use this method?

There is absolutely no third party account or registration required to make deposits in this manner. The only thing you will need to register for is your casino account; these transfers can be made without registering for anything, either in person or online.

Is it available in the United States?

MoneyGram was founded in the United States and is offered as a deposit method in some US casinos. However, acceptance is still not common, even in this corner of the iGaming market. In fact, the United States is one of the few countries where you can initiate a deposit through this service (although funds can be picked up in hundreds of thousands of locations around the world).

Are there any fees charged?

Yes, all MoneyGram transfers have associated fees. These fees will vary depending on at least two different factors: where the money is being sent and how much you wish to deposit. Due to these variables, it is impossible to say how much you will be charged if you attempt to make such a deposit. It is even possible that the casino will find a way to recoup some of the cost in some cases.

What are some similar alternatives?

The most obvious alternative is Western Union, an even bigger company that also handles in-person money transfers. If you don’t see MoneyGram on a site you want to play on, chances are you’ll be offered Western Union instead – in fact, that’s a more commonly accepted option.

Are withdrawals offered by this method?

Some casino sites also offer withdrawals through this service. If so, the process will be similar to a deposit, but in reverse: you will need to receive a customer service reference number, allowing you to withdraw your money from a local agent.