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MoneyGram Extends relationship that is exclusive ACE Money Express

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MoneyGram Extends relationship that is exclusive ACE Money Express

MoneyGram Extends relationship that is exclusive ACE Cash Express

Seven-Year Agreement Builds on Solid reputation providing solutions that are financial U.S. clients

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a quantity 1 global money transfer and re re re payment solutions business, established today therefore it has renewed a longstanding contract with one among its biggest agents, ACE cash Express, Inc., an Irving, Texas-based financial solutions company. The substantial contract that is seven-year on a great collaboration relating to the two organizations which have strategically worked together for 25 years to provide access to alternate financial services for clients through the U.S. utilizing this renewal, MoneyGram has fully guaranteed eight of its top agents through the original quarter of 2017 or previous.

“We are acutely pleased to restore ACE money Express to our contract, that was an excellent partner in growing our U.S. business. This renewal underscores MoneyGram’s powerful worldwide name brand, reputation success alot more than 200 countries and areas, and unique means of serving our agents and clients,” states Pamela H. Patsley, MoneyGram’s president and executive officer that is main. “Our U.S. customers have in fact actually relied on our solutions at ACE money Express areas for the very long time, and together, we look forward to building on our supplied success. MoneyGram is consistently predicated on enhancing solution distribution, and today we value ACE’s capacity to satisfy client demands for submit deals, cash bill and pickup re payment solutions.”

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