Rising demand by residents and visitors to get money into and out of Bermuda quickly, conveniently and inexpensively has helped the MoneyShop expand to three locations.Owner Lois Wilson said she planned to open a third location in Dockyard this March to mainly serve cruise ship passengers and crew.She said she was also expanding the services offered at her existing two MoneyShop locations in Hamilton, to offer bill payment, airline and cruise tickets.The Hamilton locations on Dundonald Street and in the Washington Mall already offer MoneyGram, cheque cashing, US dollar travel money, visas, status applications and passports.Ms Wilson’s MoneyShop is the exclusive agent for MoneyGram in Bermuda. MoneyGram’s main competitor here is Western Union.The new Dockyard MoneyShop will be located within the Internationally Connected store to allow people to send and receive money using MoneyGram. Internationally Connected offers Internet, overseas calling, business and concierge services.Ms Wilson said the Dundonald location will soon be offering bill payment services for residents who may not have the Internet or banking accounts.She said MoneyShop MoneyGrams can be picked up “within five minutes” at more than 300,000 locations worldwide including Walmarts, CVS stores, and UK post offices.To send $100 it costs $18; to send $200 it costs $20 and to send $1,000, $1,075.“We are always looking to offer new products to help service people better,” Ms Wilson said. ”We are fast and convenient and people should feel they can come in, get what the need done quickly without having to wait in line.”Ms Wilson said her core market was tourists or Bermuda residents with friends and family abroad who need to send or receive money.With 2012 forecasted to be another challenging year, Ms Wilson said: “It was even more imperative that business owners offer value for money, excellent, professional and friendly service and give back into the communities that support them.”She added: ‘“When the job market is very restricted and as difficult as it is, it is time for each person to soul search and think about opportunities that are not currently being offered or that can be done better. You need to think about what people are going to need in the future and what are they going to be willing to pay for. Sometimes the simplest of business ideas can generate great results when implemented and serviced well.”