The cards are to be issued by financial services provider Palm Desert National Bank and will be distributed to retail chains via nFinanSe’s distributor relationships, as well as through its direct relationships with retailers.
In a statement, nFinanSe announced it intends to use its existing consumer pricing model for the new Visa prepaid cards. The cards can be reloaded at 80,000 nFinanSe Network locations nationwide. nFinanSe prepaid Visa cardholders can opt to have purchase and available balance information sent to their mobile phones or email address after each transaction.
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