GLOBAL CASH CARD™ & ACE CASH EXPRESS FORM ALLIANCE

Posted by mnmandell

Dec 12, 2004 10:56:00 AM

Carlsbad, CA — December 12, 2004 — Global Cash Card™, a leading electronic payment company, has announced today an agreement with ACE Cash Express that will enable holders of Global Cash Card™´s to add or “load” value to their prepaid stored value and debit cards at ACE´s 1,200 locations in thirty- six states.

Joseph F. Purcell, president of Global Cash Card™, made the announcement stating “This alliance provides our cardholders an additional 1000 locations across the United States where they can “load” their card conveniently and swiftly”.

Mr. Purcell said “ACE´s leadership in the financial service industry and their commitment to customer service was a major reason for us to form this alliance. Their experience in the marketplace we serve will provide benefits to ACE, Global Cash Card™ and our cardholders.”

Prepaid stored value and debit cards are in great demand by businesses and individuals that do not qualify for bank accounts as well as those who want to “spend only what they have.”

About Ace Cash Express, Inc.
ACE, headquartered in Dallas, Texas is a leading retailer of financial services, including check cashing, short term consumer loans and bill payment services. As of June 30, 2004 the company had a network of 1,230 stores in thirty-six states and the District of Columbia. ACE focuses on serving unbanked and under banked consumers.

For more information visit their Website at www.acecashexpress.com.

About Global Cash Card™
Global Cash Card™, headquartered in Carlsbad, California is a leader in electronic payment systems. The Company provides ATM cards, Debit MasterCard´s, Point-of-Sale software and other systems to corporations and individuals for a variety of uses including Paycard, expense reimbursement, travel, retail and other applications. Since 1995 the organization has provided companies solutions for high volume financial transactions.

For more information, visit their Website at www.globalcashcard.com

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