Want to learn how to track your MoneyGram transactions in Nigeria online? In this article, we will discuss how to track your transfers for MoneyGram in Nigeria
There are lots of ways to send money across countries, but Moneygram is probably one of the oldest techniques. Moneygram was created in 1940, over 79 years ago. The company is based in Dallas, Texas in, United States. But they have lots of branches and offices around the world.
In 2014, Moneygram earned the position of 2nd largest provider of money transfers in the world. Today, there are more channels to send money online including the likes of PayPal, Payoneer and Skrill.
However, Moneygram is still a favourite tool for Nigerians. It is cheaper and more convenient to send funds across Moneygram. But first, you have to know how to track transactions online to be successful.
What is MoneyGram?
MoneyGram is a reliable network to transfer your money across countries. The company works with individuals and businesses through a network of agents and financial platforms across the globe.
MoneyGram is safe to make your transfers, as long as you know who is receiving the money. You cannot hold them accountable if you sent the money to a stranger. They can only guarantee safe delivery, but they have no business trying to find details about the recipient.
Why Use MoneyGram?
With MoneyGram, you can not only transfer funds but make payments for bills across the world. Many of your transactions will only require a passport, ID or some proof of identity. You can also signup for the Moneygram credit card to make purchases for products (not in Nigeria). Payoneer.
What is Moneygram Tracking?
When you send funds using MoneyGram, it’s essential to track and check the status of your MoneyGram transfers. This process is called MoneyGram tracking and requires the authorization or reference number you received when setting up the transfer.
When you begin tracking, you should take note of the initial date of the transfer. This is important so you can request a refund if the recipient did not receive the funds at precisely two weeks after the initial day.
How to Track Your Moneygram Transaction?
- Go to your email and get the authorization number sent to you via email when you set up the process
- Or you can re-check your email for the reference number which should come when the money has reached the location of the recipient.
- Visit the Moneygram website
- Enter the reference or authorization number
- Enter your last name
- Click on “Track”
A Word of Caution
If the recipient needs to pick the money up as cash, the sender should send the Reference number to them. You should also understand that both the sender and recipient can track the status of the funds’ transfers. The sender can always send the authorization and reference numbers to the recipient to enable the process.
Moneygram is considered to be very expensive since you might spend as much as $10 on every $100 sent. However, it is still one of the most preferred for its conveniencies. Always, make sure you should never send money to a stranger using Moneygram. Once dispatched, they have no business with trying to retrieve your money.