MiCash, Inc. announced that it has partnered with FSV Payment Systems, Inc. to expand its range of prepaid card products.
Through this partnership, MiCash will market the MiCash Prepaid MasterCard(R) card through various distribution channels. The MiCash Prepaid MasterCard is accepted at millions of retailers worldwide, everywhere Debit MasterCard is accepted. The cards can be used to obtain cash at over a million ATMs worldwide. The card also affords consumers re-loading and remittance capability all on one card. In addition, MiCash customers enjoy the benefits of accepting payroll deposits directly onto their card, without the need for a bank account. MiCash is a federally-licensed Money Service Business (MSB) that meets all state and federal laws, including Anti-Money Laundering, Bank Secrecy and USA PATRIOT Act regulations. MiCash offers such innovations as wireless alerts to cardholders’ mobile phones and access to electronic lay-away programs for the purchase of household goods.
This alliance offers immediate benefits with new, real-time tracking and financial reporting, along with world-class processing technology. “Our platform will allow MiCash to broaden the range of products and services it offers to its customers, specifically in the arena of general prepaid and payroll cards.” said Jonathan Palmer, President and Chief Executive Officer of FSV. “This partnership further exhibits MiCash’s commitment to providing quality products to an increasingly diverse customer base,” stated Javier Palomarez, Chief Marketing Officer of MiCash. “Combining quality and security with innovative, reliable and affordable products is a winning formula for both the consumer and our respective companies,” Palomarez added.
With the MiCash Prepaid MasterCard, consumers can receive valuable protection from fraudulent or unauthorized transactions if the card subject to fraud loss or theft. The Federal Deposit Insurance Corporation (FDIC) insures all funds loaded onto the card. The MiCash Prepaid MasterCard is issued by MetaBank pursuant to license by MasterCard International Incorporated.
For more details on MiCash Inc., please visit http://www.micashcard.com or call 202-338-7474.
For more details on FSV Payment Systems, please visit http://www.fsvpaymentsystems.com or call 1-800-881-1945.
About MiCash Corporation
MiCash pioneered an approach that is unique in the prepaid services industry, offering general purpose re-loadable, prepaid cards that have remittance capability. MiCash prepaid cards can access funds at more than a million ATMs worldwide and can be reloaded at over 50,000 retail locations in the US. Additionally, MiCash cards are accepted by millions of retailers worldwide. All funds loaded onto MiCash products are insured by the Federal Deposit Insurance Corporation (FDIC). MiCash partners with leading companies in the financial services, consumer and technology sectors and has strategic relationships with Visa U.S.A, MasterCard International and Bancomer Transfer Services. For more information, visit http://www.micashcard.com
About FSV Payment Systems
FSV Payment Systems is a leading provider of host-based stored value and prepaid card solutions with expertise in the electronic delivery of payroll, general purpose reloadable cards and healthcare solutions for employee benefits. Founded in 1999 the company is headquartered in Houston, TX and operates a 24/7 customer service center in Jacksonville, FL. For more information about FSV, please visit http://www.fsvpaymentsystems.com or call 1-800-881-1945.
About MetaBank
MetaBank is a federally chartered savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc.(R) is the bank holding company for MetaBank, MetaBank West Central, Meta Payment Systems(R), and Meta Trust Company(R). The Meta Payment Systems division of MetaBank based in Sioux Falls, South Dakota, serves banks, processors, and third party marketers by providing prepaid cards, credit cards, ACH origination, merchant acquiring, ATM sponsorship, and money transfer. Meta Financial Group is traded on the NASDAQ Global Market: CASH. For more information call 605.275.8052 or visit http://www.metacash.com.
