MoneyGram, ACE Cash Express renew contract


A. Lee Graham


MoneyGram International Inc. has renewed its contract with ACE Cash Express Inc. of Irving, confirming a seven-year agreement that sees the Dallas firm secure eight of its top ten agents through the first quarter of 2017 or beyond.

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“We are extremely pleased to renew our agreement with ACE Cash Express, which has been an excellent partner in growing our U.S. business,” said chairman and CEO Pamela H. Patsley in a news release.

“Our U.S. customers have relied on our services at ACE Cash Express locations for decades, and together, we look forward to building on our shared success,” Patsley said.

With the agreement, MoneyGram’s full suite of services – money transfers, money orders and bill payments – will continue to be offered at more than 1,400 U.S. ACE Cash Express stores.

Customers also can access MoneyGram’s online services through the ACE Cash Express website, where they can connect directly to MoneyGram to transfer funds or pay bills.

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“ACE’s priority is to provide consumers with access to products and services that will help them meet their financial goals, and we believe that ACE’s partnership with MoneyGram continues to be of tremendous value to our customers,” said Jay B. Shipowitz, ACE Cash Express chairman and CEO.

MoneyGram, a money-transfer company, serves consumers not fully served by traditional financial institutions. It offers worldwide money-transfer services in more than 200 countries and territories through a global network of 345,000 agent locations, including retailers, international post offices and banks. MoneyGram also offers bill payment services, issues money orders and processes official checks in select markets.

ACE Cash Express Inc. provides financial services, including payday loans, installment loans, title loans, check cashing, bill payment, wire transfer, money orders and prepaid debit card services. More information is available at

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