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American Express to roll out prepaid reloadable card for teenagers

Wednesday 5 May 2010 11:42 CET | News

Global financial services provider American Express has made available a preview of PASS, a prepaid reloadable card which enables parents to control and monitor their children’s spending.

Via the American Express online services, parents are allowed to view theier children’s transaction history, disable/enable ATM access, inquire about card balance as well load funds for immediate access. In addition, teenagers and young adults can also manage their accounts online, view their transaction history and set up text alerts to receive balance and transaction information.

Card holders can load funds through an American Express Credit or Charge card. Loading through a savings or checking account will be made available during the summer of 2010, when PASS launches to the general public.

 


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Keywords: American Express, PASS, prepaid reloadable card
Categories: Payments & Commerce
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Countries: World
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