Compliance & Licensing | Ace Payment Services, Inc.

Notice: This website does not provide financial services, does not operate a wallet, and does not facilitate transactions. This site is for informational and regulatory disclosure purposes only.

Federal Registration

FinCEN Registration

Ace Payment Services, Inc. is registered with FinCEN as a Money Services Business (MSB) under the Bank Secrecy Act. Registration is maintained on the FinCEN MSB Registrant Search database.

FinCEN Money Services Business Registration

Financial Crimes Enforcement Network, U.S. Department of the Treasury

Registration Number 31000295285385

Registration Type Money Services Business (MSB)

Regulatory Authority FinCEN / U.S. Department of the Treasury

Legal Entity Ace Payment Services, Inc.

Mandatory Disclosure: FinCEN does not approve or endorse any Money Services Business. Registration does not imply government endorsement or approval of the registrant's products, services, or business practices. Registration indicates only that the entity has met the registration requirement under 31 CFR 1022.380.

State Licensing

State Money Transmitter Licenses

Arizona Money Transmitter License

Arizona Department of Insurance and Financial Institutions (DIFI)

License Number MT-2009462

License Type Money Transmitter

Status Approved

Expiration Date 12/31/2026

Issuing Authority Arizona Department of Insurance and Financial Institutions (DIFI)

Licensee Ace Payment Services, Inc.

Licensed to conduct money transmission activities in Arizona. Verify Arizona License (DIFI Portal) →

Jurisdiction Limitation: Services are currently offered exclusively in the State of Arizona. Users outside Arizona are not eligible to use our services. FinCEN MSB registration does not authorize money transmission in states where a state license has not been obtained.

Compliance Program

Regulatory Obligations

As a registered Money Services Business, Ace Payment Services, Inc. is subject to the following regulatory requirements:

Bank Secrecy Act (BSA)

We maintain a written AML compliance program that includes internal controls, independent testing, designated compliance personnel, and ongoing training. The program is designed to detect and prevent money laundering and the financing of terrorism.

Know Your Customer (KYC) / Customer Identification

All customers are required to complete identity verification before accessing our services. We collect and verify identifying information in accordance with applicable Customer Identification Program (CIP) requirements.

Transaction Reporting

We file Currency Transaction Reports (CTRs) for qualifying transactions and Suspicious Activity Reports (SARs) where required by law. All reporting is submitted to FinCEN in accordance with applicable timelines and requirements.

Recordkeeping

We maintain transaction records and customer information in accordance with BSA recordkeeping requirements. Records are retained for the periods required by law and made available to regulatory authorities upon lawful request.

OFAC Screening

We screen customers and transactions against the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list and other applicable sanctions lists prior to onboarding and on an ongoing basis.