MoneyGram

Casino Deposit Methods at the Best Online Casinos

MoneyGram Online Casinos

MoneyGram is a popular USA money transfer company that’s accepted around the globe. It’s easy to use and offers instant transfers, which many online casinos identified as useful for both deposits and withdrawals.

What’s so special about MoneyGram?

Well, it doesn’t oblige users to have a bank account or a credit card to send and receive money, like many other payment methods. Therefore, many unnecessary steps are skipped during the transaction, making it much faster than plenty of other payment options.

Moreover, it’s slightly faster and cheaper compared to its biggest competitor — Western Union. 

Using MoneyGram at an online casino is easy, and we’ll explain how to make quick deposits and withdrawals in this article. 

We’ll list some of the top online MoneyGram casinos you can choose from if you want to use the popular payment option.

How to Choose MoneyGram Online Casino

First of all, you need to exclude all online gambling platforms that don’t accept MoneyGram. 

Truth be told, it means you’ll have to odd out dozens of online casinos, but the best ones will remain on the list because they accept MoneyGram.

After that, you should narrow down the list to the ones that are licensed, reputable, and fair, and select the one that offers bonuses and games you like. 

We’re aware that this is not an easy task. 

Therefore, we decided to do the grunt work, creating the list of the best MoneyGram casinos for USA players.

Use MoneyGram to Deposit in Online Casinos in 5 Easy Steps

Making MoneyGram online casinos deposits may seem difficult at first. Yet, once you get into the swing of things, you’ll see that the entire process is pretty simple. 

We’ve narrowed down the entire procedure to five easy steps. 

Let’s check them out.

  1. Open an account in an online casino
    Select one of the available MoneyGram casinos from the list and fill out the registration form.
  2. Log in and go to the Cashier section
    Once you confirm your account, log in to the casino and navigate to the Cashier page.
  3. Select MoneyGram and enter your information
    Choose MoneyGram as the preferred deposit method and fill out the sender’s information. You might be required to provide a photo ID. Make sure that the name you entered exactly matches the name on your ID.
  4. Contact the casino
    MoneyGram will give you the reference number after you make the deposit, and you need to contact the casino to tell them the number.
  5. Have fun!
    Once the casino confirms your deposit, your money should become available in your balance within 45 minutes. Use it to make bets on your favorite casino games!

4 Steps to Withdraw Money from Online Casinos Using MoneyGram

Withdrawing money using MoneyGram is an even smoother process than depositing. Just follow the four steps presented below.

  1. Log in to your casino account
    First of all, log in to the online gambling platform that offers MoneyGram cashouts and go to the Cashier section.
  2. Select MoneyGram as a payment option
    Choose your preferred withdrawal method and enter the amount you wish to withdraw.
  3. Confirm your withdrawal
    Fill out the required information and wait to receive the confirmation.
  4. Get money to your MoneyGram account
    Once the casino processes your payment request, your money will become available in your MoneyGram balance.

Please take into account that casinos have different withdrawal pending times. Some online gambling platforms take up to a couple of days to process payments, so please check out how long you have to wait after requesting to cash out your winnings.

Pros and Cons of Using MoneyGram in Online Casinos

No payment option is perfect, and neither is MoneyGram. Despite the advantages, it also comes with a couple of downsides that you should take into account. 

Let’s discuss all the pros and cons of this payment option.

Pros

  • Available everywhere — MoneyGram is a huge company that offers its services all over the USA, meaning users can access them no matter where they are in the country.
  • Convenient transactions — Gambling sites that accept MoneyGram deposits welcome the fact that users can make transactions whenever they want using this payment option.
  • Speed — Although MoneyGram isn’t the fastest deposit option out there, it’s still listed among the “instant” ones, as it takes less than 40 minutes to process the transaction.

Cons

  • Difficult to track transactions — Tracking the status of your payment isn’t possible when using MoneyGram. If you like to know what happens with your money, you’ll not be able to do that when you make MoneyGram deposits and withdrawals.
  • Costly — Even though we said that MoneyGram is more affordable than Western Union, it’s still an expensive payment method that could take up to 10% in fees.

MoneyGram — A Brief History

Headquartered in Dallas, Texas, MoneyGram is a money transfer company with a long and successful history. 

It was founded as Travelers Express Co. Inc. in 1940 only to be acquired by The Greyhound Corporation (Viad Corp) in 1965. This was the company’s golden era, as it became the largest money order provider in the country.

The company named MoneyGram was founded in 1988 as the subsidiary of Payment Systems Inc, which was itself a subsidiary of First Data Corporation. Now, First Data started as a subsidiary to American Express but became a company of its own after being listed on the New York Stock Exchange in 1992.

The company merged with First Financial, which was a direct competitor to WU back in the day and had to sell Integrated Payment Systems after being forced to do so by the Federal Trade Commission.

However, IPS became a publicly-traded company in 1996 and soon rebranded to MoneyGram Payment Systems Inc. By the end of the 90s, MoneyGram was available in more than 100 countries around the globe. 

The company was officially renamed MoneyGram International in 1998 and expanded even more in the upcoming years.

According to the last report, the company earned $1,285 billion in 2019 and currently features more than 2,400 employees.

Is MoneyGram Right For You?

If you’re the type of person who values security and convenience above all and doesn’t mind paying the price for such a service, you should choose MoneyGram.

Moreover, if you already have experience using MoneyGram, you’ll not have any challenges understanding how to make a deposit or withdrawal using this payment method.

Therefore, please look at the list of the best online casinos that take MoneyGram deposits for USA players and select the platform you like the most.

Conclusion

To sum up, MoneyGram has been used by millions of people around the globe for sending and receiving money. Moreover, many find it useful for making all kinds of online transactions, including deposits and withdrawals in online casinos.

On the other hand, online gambling platforms liked the convenience that MoneyGram offers, and that’s why there are plenty of them that accept this payment method. 

We’ve made a deep dive into MoneyGram casinos’ world to select the ones we think are the best for players who want to use this popular service. Feel free to examine our list of online casinos accepting MoneyGram and read our guide to find out how to deposit and withdraw funds successfully using this payment option.

FAQ About MoneyGram Deposit Methods

Below are some of the questions players frequently ask about MoneyGram deposit methods.

There are two ways to make a MoneyGram deposit for online casinos — by visiting the brick-and-mortar store or the MoneyGram website.

If you don’t mind going out of the house, feel free to visit the nearest MoneyGram service (they are usually inside Wal-Marts) to deposit your money. Alternatively, go to the website and confirm the transaction from the comfort of your home.

In this MoneyGram casino review, we made a 5-step guide on making a successful deposit using this payment option, so scroll up to check it out if you missed it.

Yes, they are. MoneyGram is one of the safest payment options for American players, having state-of-the-art security protocols for money transactions.

To reach maximum security, make sure to use MoneyGram only in safe and reputable online casinos, as the untrustworthy one could end up stealing your personal info or money.

Our team of experts made an assessment test to make an ultimate list of the best online casinos that accept MoneyGram deposits.

Make sure to go through our list and select the one that offers the bonuses and games you like. All platforms featured on this page are safe and reliable.

MoneyGram is faster and more convenient than many other online casino payment methods. However, it’s also more expensive than the majority of them. In other words, you’ll have to accept the fact that the speed and convenience of MoneyGram come at a price.