ACE Cash Express Named Winner in Sixth Annual Paybefore Awards

Mar 22, 2012 6:15 PM ET

(3BL Media) Dallas, TX - March 22, 2012 – Paybefore has chosen the ACE Elite™ Prepaid Card as a 2012 Paybefore Award winner in the Best General Purpose Reloadable Program category. In addition, ACE Cash Express was selected as a winner in the Top Prepaid Retailer category. Paybefore Awards, now in its sixth year, is the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for the global prepaid community.

“We are extremely honored to receive multiple awards and recognition from Paybefore and our industry peers,” said ACE CEO Jay Shipowitz.

ACE and its ACE Elite product, issued by MetaBank and managed by NetSpend, were selected as winners by a panel of five industry experts who served as judges for this year’s competition, which included entries from around the world.

“Paybefore Awards were created to honor the companies and individuals that are keeping prepaid on the cutting edge of payments,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel.

“Our industry continues to break new ground and expand the reach of electronic payments because of companies like ACE Cash Express, who make innovation and execution a priority. We are proud to recognize its contributions to advancing the prepaid industry.”

“Prepaid is the fastest growing area of payments because it addresses unmet payment needs of consumers, businesses and governments,” said Marilyn Bochicchio, Paybefore’s chief executive officer. “Paybefore Awards recognize the creativity of prepaid practitioners in developing programs that address these needs more effectively than cash, checks or even other types of payment cards.”

Since 1968, consumers seeking retail financial services have counted on ACE to deliver the products they need. In 2002, ACE and NetSpend partnered to design the best comprehensive solution to promote ongoing use of prepaid cards. As a pioneer in the market, ACE quickly became a leader in retail card distribution with more than 1,600 locations.

ACE Elite Prepaid Cards are issued by MetaBank™, Member FDIC.


About ACE Cash Express:
ACE Cash Express, Inc. is a leading retailer of financial services, including short-term consumer loans, check cashing, bill payment and prepaid debit card services. ACE is the largest owner and operator of check cashing stores in the United States and the second largest owner and operator of short-term consumer loan stores in the United States. ACE focuses on serving consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to financial services. For additional information about ACE Cash Express, visit

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About Paybefore:
Paybefore is the leading information provider to prepaid and stored value industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of industry publications include:™, a searchable online news and information portal; Paybefore News™, daily news briefs delivered electronically; Paybefore News International™, a weekly compilation of prepaid news and events from outside the United States; Paybefore Update™, an e-newsletter delivered 20 times a year; Paybefore Legal™, a downloadable e-newsletter covering the legislative, regulatory and judicial developments in prepaid, as well as feature articles by leading attorneys in the field; Paybefore Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and stored value industry; and the only industry directory, Paybefore Buyer’s Guide™, available online and in print. Visit us at

About MetaBank™ 
MetaBank is a federally-chartered savings bank regulated by the Office of the Comptroller of the Currency.  Meta Financial Group, Inc.® is the holding company for MetaBank and its Meta Payment Systems® division.  For more information visit