EXHIBIT 99.3     
                                    
                                 CONSENT     
   
  The undersigned, William Guth, hereby consents, pursuant to Rule 438 under
the Securities Act of 1933, as amended, to being named in the Registration
Statement on Form S-1 (the "Registration Statement") of MoneyGram Payment
Systems, Inc. (the "Registrant") as a person anticipated to become a director
of the Registrant prior to the offering registered thereby, and to the filing
of this Consent as an exhibit to the Registration Statement.     
                                                     
                                                  /s/ William Guth     
                                          -------------------------------------
   
June 13, 1996