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
                                          -------------------------------------
   
October 4, 1996