Digital Currency Systems (DCS) Signs Software Agreement with MoneyGram

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Digital Currency Systems (DCS) Signs Software Agreement with MoneyGram. The software integration allows current and new DCS customers the ability to provide MoneyGram services directly through the financial service point of sale.

Digital Currency Systems, the industry leader providing fully integrated software packages designed specifically for the check cashing and MSB industries, announced today that it has signed an agreement with MoneyGram to provide money transfers, money orders, and bill pay services through the DCS front-end point-of-sale software.

“Our agreement with DCS will make life easier for agents that choose to use DCS because they now have a fully integrated system where all our products will be available to them on one platform,” said Juan Melendez, vice president of, retail sales, MoneyGram. “We are particularly looking forward to the affiliate portion of our agreement which has the potential of expanding our services to a broader customer base in North America.”

DCS customers will now be able to access the full suite of MoneyGram services directly through the DCS POS eliminating double entry and the associated errors and money losses. In return, MoneyGram locations using DCS software can leverage many important DCS integrations (Check Cashing with Check Guarantee, Cashing Plastic™, Pay-by-Debit, Prepaid Debit Issues and Reloads, other Prepaid Services) offering more services and convenience to their customers.

“This is a big win/win for both companies,” said Todd Gagerman, CEO of DCS. “For DCS, we are adding another quality partner for our current and future customers, whose services are offered through the DCS point-of-sale. The MoneyGram integration adds substantial value to the DCS Brand. We are very excited for the initial integration, and the future possibilities.”

MoneyGram provides its online service to current and prospective agents who want to reach more consumers and increase their online presence through MoneyGram’s suite of product and services.

MoneyGram, a leading global money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide and bill payment services in the United States and Canada through a global network of more than 310,000—including retailers, international post offices and financial institutions—in 197 countries and territories around the world. To learn more about money transfer or bill payment at an agent location or online, please visit or connect with us on Facebook.

Digital Currency Systems (DCS)
Founded in 1986, Digital Currency Systems is family-owned and -operated, located in Northbrook, IL. DCS serves its extended base of customers by assisting in the transition to streamlined, digitally networked systems of user-friendly software that function on familiar computer operating platforms. DCS software ranges from a complete POS system to individual modules that allow our customers to run and manage their operation with ease. DCS offers a turnkey experience from sales, to hardware, to installation, to service and continued support. DCS has grown to become one of the industry's leaders in check cashing software. Through DCS’s continued growth, customers maintain trust and loyalty as DCS guides them through ever-changing technology. To find out more about DCS and its many software options, please visit or call 847-564-2647.

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