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Press Releases

American Express and eFunds: Prepaid Card Processing Agreement ( December 31, 2006 )
American Express, a leader in prepaid cards, and eFunds Corporation, the company that delivers innovative payment processing and information intelligence solutions, today announced a global, multi-year strategic partnership in which eFunds will provide processing services for the American Express portfolio of prepaid cards

Metavante Processing the Reload Evolution of Prepaid Cards ( December 26, 2006 )
Metavante Corporation today announced it is the first certified and first operational processor supporting reload transactions on a leading international card association’s prepaid card load network. Metavante is the banking and payments technology subsidiary of Marshall & Ilsley Corporation.

nFinanSe Signs Distribution Agreement With Q Comm International for Discover Network Stored Value Cards ( December 20, 2006 )
nFinanSe Inc., which recently changed its name from Morgan Beaumont, Inc., today announced that it has signed an agreement to provide Discover(r) Network Prepaid Cards to Q Comm International, Inc., a leading provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions.

MasterCard Launches the MasterCard rePower Prepaid Load Network ( December 19, 2006 )
MasterCard Worldwide and InComm today announced the successful completion of the first cardholder point of sale transaction using the MasterCard rePower Load Network. MasterCard rePower at the point of sale is a new service that allows consumers to add money to eligible MasterCard or Maestro branded prepaid cards at participating merchant locations. InComm will begin offering the solution to the 145,000 stores that comprise its retail distribution network.

First Unemployment Insurance Prepaid Debit Cards Sent to Recipients ( December 18, 2006 )
The first batch of prepaid Visa® debit cards has been mailed to unemployment insurance recipients, the Indiana Department of Workforce Development announced today.

InComm Agrees to Acquire DataWave for $0.62 Per Share ( December 15, 2006 )
Under the terms of the approved merger transaction, InComm will acquire DataWave, which will become a wholly-owned subsidiary of InComm, and DataWave will cease to be a public company and its stock will no longer be publicly traded.

Gift Cards Sales Stack Up; Customers Buy 1 Million Wells Fargo Visa Gift Cards ( December 14, 2007 )
Fargo & Company said today it has sold more than 1 million Wells Fargo Visa Gift Card since the company began offering the product through the company's banking stores in October 2005.

NetSpend Continues Strong Growth in Prepaid Card Industry With Addition of Two Senior Marketing and Technology Executives ( December 13, 2006 )
NetSpend Corporation, the nation's leading processor and marketer of prepaid cards, has expanded its executive team as a result of robust company and industry growth with the appointments of Marlene Maxon as senior vice president of marketing and James DeVoglaer as vice president of information technology. CEO Rick Savard said the two executives were selected because of their broad experience.

American Express Teams With eFunds Prepaid Solutions in Prepaid Card Processing Agreement ( December 06, 2006 )
American Express a leader in prepaid cards, and eFunds Corporation, the company that delivers innovative payment processing and information intelligence solutions, today announced a global, multi-year strategic partnership in which eFunds will provide processing services for the American Express portfolio of prepaid cards.

Global Vision Launches International Prepaid Debit Cards For The World Market ( December 5, 2006 )
Global Vision Holdings, Inc., business developer and worldwide wholesale marketer of advanced payment system products and services, today announces the launching of 3 International Prepaid Debit Cards for different regions of the world.

Green Dot and InComm Announce Strategic Distribution Agreement ( December 5, 2006 )
Leader in Reloadable Prepaid Debit Cards Partners With Prepaid POSA Technology Innovator to Enhance Customer Service, Expand Retail Presence

Visa Announces Merchant Partner in Its Prepaid Load Network ''Visa ReadyLink'' ( December 04, 2006 )
Safeway to Be First in Blackhawk Network Alliance to Adopt Service, Enabling Consumers to Easily Add Funds to Visa Reloadable Prepaid Cards