Is MoneyGram or Unplex cheaper?

Cost varies by corridor and amount. Compare both on the corridor page above for live rates, fees, and recipient amounts.

What's the main difference between MoneyGram and Unplex?

MoneyGram (Flat fee + rate markup): Global cash pickup network and digital app — recently acquired by Madison Dearborn. Unplex (Low/zero fee, FX margin only): WhatsApp-based remittance from USA, UK and Europe to India and Philippines. No app download required.

Which is faster, MoneyGram or Unplex?

Both providers offer same-day or faster options for popular corridors. Cash-pickup networks (MoneyGram, Western Union, Xoom) usually clear in minutes; bank transfers can take 1–3 business days.

Which is safer, MoneyGram or Unplex?

Both are licensed money services businesses. MoneyGram is regulated in USA, UK, EU. Unplex is regulated in USA. As long as you transfer through their official site or app, both are safe to use.

Does MoneyGram or Unplex offer better exchange rates?

Rate competitiveness varies. MoneyGram markets flat fee + rate markup, while Unplex uses low/zero fee, fx margin only. The recipient amount is the only fair comparison — see the corridor page for live numbers.

MoneyGram vs Unplex

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Live data temporarily unavailable for this comparison. See the corridor page for full live numbers.

Flat fee + rate markup

Global cash pickup network and digital app — recently acquired by Madison Dearborn.

Fee: USD 1.99
Rate: 94.7214
Speed: Minutes
Recipient gets: INR 94,533

Founded 1940

Dallas, TX, USA

Pros

Cash pickup at 350,000+ locations in 200 countries
Mobile app makes online transfers competitive
First-transfer promotional fees and discounts

Cons

Exchange rate margin is wider than digital-first MTOs
Cash-to-cash fees are notably higher
Limits and KYC checks can delay first transfer

Try MoneyGram

Low/zero fee, FX margin only

WhatsApp-based remittance from USA, UK and Europe to India and Philippines. No app download required.

Live data unavailable.

Founded 2021

Chicago, IL, USA

Pros

Zero app friction — initiate the transfer in WhatsApp
Useful for senders less comfortable with mobile-app onboarding
Low or zero fees on India and Philippines corridors

Cons

Limited destination coverage — India and Philippines only
WhatsApp-as-UI is unusual; may not feel as polished as a native app for some users
Newer entrant with smaller customer base than Remitly or Wise

Try Unplex

Side-by-side comparison

Spec	MoneyGram	Unplex
Fee model	Flat fee + rate markup	Low/zero fee, FX margin only
Headquarters	Dallas, TX, USA	Chicago, IL, USA
Founded	1940	2021
Status	Private (acquired by Madison Dearborn Partners, 2023)	Private (Antler-backed, VISA Fintech Fasttrack)
Live USD→INR fee	USD 1.99	—
Live USD→INR rate	94.7214	—
Recipient gets (USD 1,000)	INR 94,533	—
Typical speed	Minutes	—
Top corridors	USD→MXN, USD→PHP, USD→IND	USD→INR, USD→PHP

User reviews

MoneyGram

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Unplex

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We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

Other comparisons

Wise vs Remitly →Wise vs Xoom →Wise vs MoneyGram →Wise vs Western Union →Remitly vs Xoom →Western Union vs MoneyGram →

Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.