Under the terms of the contract, Ace will offer MoneyGram payment services at its locations across the U.S. Ace’s contract – which includes MoneyGram’s money transfer, ExpressPayment and money order services – would have expired at the end of 2009. Ace first offered the MoneyGram money transfer service in 1989. Today, it is ranked as MoneyGram’s second largest money transfer agent in terms of transaction volume processed at Ace locations.
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