Prepaid Debit Cards: Articles, Reviews & Discussions

Capital One, NetSpend Cancel Buyout

Capital One Financial Corp. on Monday backed out of plans to acquire NetSpend Holdings Inc., but said it will buy a minority stake in the prepaid debit card provider for undisclosed terms.

Model MasterCard Launched

Catwalk Distribution in partnership with Trycera Financial, has officially released its Model Prepaid MasterCard®, a full service financial tool designed to help professional and aspiring models and actors manage their finances smarter, faster and safer than ever before. This exclusive card combines the powers of a prepaid card and the flexibility of a checking account all rolled into one. In addition there is a rewards program offering one point for every dollar spent. The card is issued by MetaBank pursuant to license from MasterCard International, Incorporated.

Safepay Launches Prepaid Visa Debit Card

SafePay Solutions, Inc. announced today the launch of its own SafePay Branded Prepaid Visa® Card for all US based SafePay members, and a true bank-issued Pin-based Debit card for International members, accessible globally in over 140 countries at millions of locations.SafePay members can use the Prepaid Visa® cards to shop at millions of locations worldwide! They can make purchases in stores, shops, online, by phone--anywhere the Visa® logo is accepted. With either card, SafePay members can also access cash at over one million ATMs worldwide. Debit cards in general are fast becoming today's safe, convenient, and flexible way to manage spending, and SafePay members can easily acquire these cards since there are no credit checks or applications required.

Virgin Mobile and Netspend launch prepaid card

With its predominantly teen and young adult audience in mind, Virgin Mobile USA is introducing a new tool for purchasing that also earns customers reward points redeemable for free airtime. Virgin Mobile USA and NetSpend, today announced the launch of the Virgin Mobile "Stash" Prepaid Visa Debit Card.

Ecount Explores How Prepaid Cards are Being Used by Key Demographics

Ecount, the prepaid experts, released figures on Banked vs. Unbanked Cardholders: Understanding the Use of Prepaid Cards in Today's Marketplace. The data, based on the Ecount Prepaid Index(TM), outlines baseline spending habits of both groups, as well as provides insight into the role that prepaid cards play in the lives of consumers.

These days, prepaid cards are finding their way into the hands of a broad segment of the consumer population - spanning both unbanked consumers, who are traditionally thought of as the majority of prepaid card users, and, now more than ever, banked consumers. The questions remain, how do these two groups differ in their spending behaviors? Why are banked consumers using prepaid cards in droves?

Domino's Pizza and Netspend Tie Up

Domino's Pizza and NetSpend are teaming to bring customers a series of opportunities to cash in with the Promo DomiGOL(TM) sweepstakes running during the soccer world cup. All Los Angeles area customers will receive scratch-and-win game pieces with their orders through July 10, 2006, and three participating contestants will win $10,000 in a grand prize drawing.

Auto companies using prepaid cards as incentives

GM and Ford are using prepaid debit cards as incentives to customers, helping them offset gas pricing. With auto sales falling and gas prices rising, GM and Ford are helping new customers pay for gas with prepaid debit cards.

Gulf Oil working on Prepaid Gas Card

Gulf Oil chief executive, Joe Petrowski, is working on a prepaid gas card. This card would allow customers to buy a fixed quantity of gas at a set price. "We want to give customers choice and lock in volume for Gulf stations," said Petrowski.

Netspend Cards to be sold at PLS Financial Stores

NetSpend's All Access cards will be sold from 200 Pay Day Loan stores operated by PLS Financial. Chicago based PLS Financial Services offers short term loans and check cashing services and has over 2,000 employees. PLS Financial Services manages more than 200 store locations in Mississippi, Alabama, Texas, California, New York, Arizona, Indiana, Wisconsin and Illinois under its Payday Loan Store, PLS Check Cashers and PLS Tax Services brands.

Payment Data Systems Ties up with Green Dot

Payment Data Systems has tied up with the Green Dot load network. Cards issued by Payment Data Systems can be loaded at the Green Dot network. The Green Dot network includes CVS Pharmacy, Walgreens, Rite Aid, RadioShack, Food Lion, Hess, Kum & Go, Pantry, Cumberland Farms and other retail locations.