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MoneyGram is a joke

Discussion in 'BlackHat Lounge' started by javon11409, Feb 20, 2009.

  1. javon11409

    javon11409 Newbie

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    So I need to send some money to my family in another country. Western Union would charge me $20 since it's over $500. Then, I hear moneygram is only $9.95. So, I was like I'm going to save $10.

    I went to pay online through my bank card and the fee is $45. I'm like WTF. I then realized to send the money online, I would have to pay an extra $35. Western Union doesn't charge extra to send online. I called MoneyGram and the lady on the phone said the fee is to cover some bullshit of sending it online. I'm like, an extra $35 is needed to cover a transfer online. She said yes.

    Wouldn't it save them more money if we all did it online and they wouldn't have to pay any workers at the location?

    So, I had to decide between sending $20 to Western Union online or $9.95 to MoneyGram at a location. Well, of course I like to save money, so I got my lazy ass up and went to a location of MoneyGram. But, still, it shouldn't be an extra $35 just because I'm sending it online. This is 2009 for god sakes.

    Ok, just wanted to vent. Thanks. Have a nice day fellow b-hatters.

    Javon
     
  2. tommysc

    tommysc Senior Member

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    Wow, yeah that seems like backwards logic to me.

    Cut out the human expense and overhead of having a physical location... and charge $35 more. That makes sense - :rolleyes:

    I am lazy enough to have just paid it as well, so I guess they win, lol.
    -
     
  3. mockba

    mockba Junior Member

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    moneygram hides their surcharge in the conversion rate. i send to EU and need to convert from CAD, and the rate is a joke. although it is still cheaper than western union or a bank wire..
     
  4. zebrahat

    zebrahat Elite Member

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    Financial services online are merely mimicking the outrageous markups of the traditional offline services, it's just harder for them to disguise the gouging on the web.