TransferGo vs MoneyGram - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like TransferGo and MoneyGram have emerged as leading choices. Both TransferGo and MoneyGram online platforms offer efficient and cost-effective and secure international money transfers from TransferGo and MoneyGram.

We compare TransferGo vs MoneyGram into the unique features and benefits that distinguish TransferGo vs MoneyGram, empowering you to make an informed decision based on your specific transfer needs like TransferGo vs MoneyGram fees, currencies available, available payment methods on TransferGo compared to MoneyGram, support options offered by TransferGo vs MoneyGram, speed and more.

TransferGo vs MoneyGram: Quick Feature Comparison

  1. Visit TransferGo alternative TransferGo Visit TransferGo

    Used By: 2,500,000
    Currencies Available: 39
    Transfer Fees: 0.5%-1.5%
    Payment Methods: Bank transfer, debit card, credit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1.5 GBP
    Max Transfer: 1000000 GBP
    Year Founded: 2012

  2. Visit TransferGo alternative MoneyGram Visit MoneyGram

    Used By: 150000000
    Currencies Available: 46
    Transfer Fees: 1.99$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1940

TransferGo vs MoneyGram: Pros and Cons

TransferGo vs MoneyGram
Advantages

TransferGo Advantages MoneyGram Advantages
  • TransferGo has been serving clients for over 12 years
  • TransferGo is available internationally.
  • TransferGo has multiple currency options.
  • TransferGo provides phone customer support.
  • TransferGo provides email customer support.
  • TransferGo is available to iOS Apple device users.
  • TransferGo is available to Android mobile device users.
  • MoneyGram has been in operation for over 84 years.
  • MoneyGram operates in numerous international countries.
  • MoneyGram offers an extensive range of currency options for money transfers.
  • MoneyGram provides phone support.
  • MoneyGram offers registered customers email support.
  • MoneyGram has a Apple iOS app on Apple app store.
  • MoneyGram offers a Android Google Play Store mobile app.

TransferGo vs MoneyGram
Disadvantages

TransferGo Disadvantages MoneyGram Disadvantages
  • TransferGo has no PayPal support.
  • TransferGo has no Neteller payments support.
  • TransferGo has no Skrill payment support.
  • TransferGo does have a mobile digital wallet like some others.
  • No home delivery with TransferGo.
  • No cash pickups with TransferGo.
  • No money order support with TransferGo.
  • No live chat support with TransferGo.
  • MoneyGram has no PayPal option.
  • MoneyGram has no Neteller option.
  • MoneyGram has no Skrill option.
  • No digital wallets with MoneyGram.
  • No MoneyGram home delivery.
  • No MoneyGram Cash pickups.
  • No MoneyGram money order option.
  • No MoneyGram Livechat.

TransferGo vs MoneyGram Fees and Other Costs

Fee type TransferGo Fees MoneyGram Fees
Transfer Fees 0.5%-1.5% 1.99$
Min Transfer 1.5 GBP $1.00
Max Transfer 1000000 GBP $10,000.00 (varies)
Payment Methods Bank transfer, debit card, credit card Bank transfer, debit/credit card, cash
Currencies AUD, EUR, BHD, USD, BDT, BGN, CAD, CZK, DKK, HKD, HUF, INR, IDR, ILS, JPY, KES, KWD, MXN, NPR, NZD, NGN, NOK, OMR, PKR, PHP, PLN, QAR, RON, RUB, SAR, SGD, ZAR, LKR, SEK, CHF, TBH, TRY, GBP, UAH AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR

TransferGo vs MoneyGram Restricted Countries

TransferGo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

MoneyGram Country Restrictions

North Korea

TransferGo vs MoneyGram Transfer Speeds

Transfer Speed TransferGo MoneyGram
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

TransferGo vs MoneyGram Languages

TransferGo Supported Languages

English, Russian, Lithuanian, Polish, Romanian, Latvian, Ukrainian, German, Turkish

MoneyGram Supported Languages

English, Spanish, French, Danish, German, Arabic, Czech, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Thai, Turkish, Ukrainian, Chinese

TransferGo vs MoneyGram Verdict - Which is better?

Which is best out of TransferGo and MoneyGram depends on your needs.

  • TransferGo vs MoneyGram Transfer Fees: Transferring money with TransferGo costs 0.5%-1.5% while MoneyGram charges 1.99$.
  • TransferGo vs MoneyGram Supported Currencies: TransferGo deals in over 1, where as MoneyGram offers transactions in 1.
  • TransferGo vs MoneyGram Payment Methods: TransferGo accepts Bank transfer, debit card, credit card, while MoneyGram allows transactions via Bank transfer, debit/credit card, cash.
  • TransferGo vs MoneyGram Transfer Limits: TransferGo allows transfers between 1.5 GBP and 1000000 GBP. MoneyGram's range is $1.00 to $10,000.00 (varies).
  • TransferGo vs MoneyGram Minimum Age for Account Creation: TransferGo requires users to be at least 18 years old, where as MoneyGram has a minimum age requirement of 18.
  • Contact Number: You can reach TransferGo at +49 30 2000 42053 and MoneyGram at 448457223344.
  • TransferGo vs MoneyGram Countries of Operation: TransferGo operates in over 1 countries but has restrictions in over 1 countries. MoneyGram serves 1 countries and restricts operations in 1 countries.
  • TransferGo vs MoneyGram Client Base: TransferGo is used by 2, where as MoneyGram serves 150,000,000.
  • TransferGo vs MoneyGram Year Founded: TransferGo was established in 2012 and MoneyGram began its operations in 1940.
  • TransferGo vs MoneyGram Customer Rating: TransferGo holds a rating of 3, in contrast, MoneyGram has a rating of 3.
  • TransferGo vs MoneyGram Headquarters: TransferGo has its headquarters at London (GB), while MoneyGram is based at Dallas, US.
  • TransferGo vs MoneyGram Employee Count: TransferGo employs 192 individuals, where as MoneyGram has a team of 2,300.
  • TransferGo vs MoneyGram Estimated Annual Turnover: TransferGo turnover stands at 44500000 USD, while MoneyGram boasts a turnover of 900,000,000 USD.
  • TransferGo vs MoneyGram Founder: TransferGo was founded by Edvinas Sersniovas, holding the position of Co-Founder. On the other hand, MoneyGram was the brainchild of Alex Holmes, currently holding the position of Chairman & CEO.
  • TransferGo vs MoneyGram Supported Languages: TransferGo offers support in over 1 languages. MoneyGram communicates in 1.

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TransferGo vs MoneyGram Alternatives Guides

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Screenshots

TransferGo Screenshot

TransferGo Screenshot

MoneyGram Screenshot

TransferGo Screenshot