MoneyGram is a money transfer service with 48+ locations across Phoenix, offering domestic and international transfers through partner retailers like CVS, Walmart, and check-cashing stores.
Editorially reviewed by Harvey Brooks
MoneyGram is an established money transfer service that operates through a network of retail partner locations rather than standalone branches. The company facilitates both domestic and international money transfers, leveraging relationships with major retailers and specialized financial service providers to reach consumers across multiple neighborhoods. With 48 documented locations in Phoenix alone, MoneyGram partners with CVS Pharmacy, Walmart, Ace Cash Express, and EZ Check Cashing to provide accessible transfer services.
The service enables customers to send and receive money online or in-person at partner locations. Based on the Phoenix location data, MoneyGram offers money transfers accessible during extended retail hours, with partner CVS locations typically open until 9-10 PM and specialized check-cashing partners open until 9:30 PM. Customers can search locations by address, city, state, or ZIP code through their website's interactive map and location finder tool.
MoneyGram's distribution model through established retail chains differentiates it from traditional financial institutions. Rather than maintaining proprietary branch networks, the company capitalizes on existing foot traffic at pharmacies and check-cashing outlets, making transfers convenient during regular shopping visits. This approach provides broader geographic coverage with minimal infrastructure costs.
The service is best suited for consumers who need flexible money transfer options and prefer locations with extended retail hours. However, MoneyGram's dependence on third-party retailers means service quality, wait times, and staff expertise may vary by location. Transfer fees and exchange rates are not detailed on the location-finder pages, making it difficult for consumers to comparison shop before visiting a location.
Yes. MoneyGram is a registered company headquartered in 4230 W McDowell Rd, Phoenix, AZ 85009. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
MoneyGram is best for consumers seeking convenient money transfer options with flexible hours and multiple neighborhood locations, particularly those who shop regularly at CVS or Walmart. The main caveat is that pricing, transfer speeds, and service consistency are not transparent on their website and will vary by partner location—comparison shopping requires direct contact with individual outlets.
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