Money Now’s card product that is newest could be granted to individuals global with formal identifications and verifiable details. You can use it at a lot more than 800,000 ATM’s global and POS terminals with PIN-pads, and for Web acquisitions. The cards may be released instantly onsite at any subscribed boss or retail location, and tend to be re-loadable via direct payroll deposit online, Interactive Voice reaction (IVR), card-to-card transfer or retail location loading. Its applications consist of worldwide or international worker payroll, retail or present cards, travel cards, pupil cards, affinity team cards and fund transfer cards.
The prepaid market comprises the biggest customer base in the field, and a lot of customers know the way prepaid payment systems work. Money Now estimates that forex trading possibly includes about 150 million people in america, of which not as much as 12 million protect active debit that is prepaid records. The global market potential is a lot more than 10 times greater at 1.5 billion people, and also this marketplace is practically untapped, representing a significant window of opportunity for items catering to your planet’s “un-banked” populace, such as for instance money Now’s latest offering. Him or her may be granted prepaid bank debit cards and relish the convenience, prestige and protection of getting profit a place that is safe alongside a number of value-added money Now benefits.
The bank that is electronic card can be obtained to money Now’s licensees at this time, and will also be for sale in high quantities after July 7, 2005. Money now’s additionally bundling this debit card alongside the business’s long-distance calling system, discount medical providing, and its particular “Global First Rewards” system. These types of services may bring distributors upfront along with month-to-month recurring income, and every associated with the four solutions can produce a lot more than $ 5.00 per client each month for the supplier.
Since the cards would not have an account that is embossed or title, they can not be applied for under-the-floor-limit, offline deals. alternatively, each individual’s account quantity is printed in the card, and for additional protection, the addition regarding the cardholder’s title is optional.
Money Now anticipates that its bundled, incorporated prepaid solutions will boost the value of its prepaid bank debit cards as well as improve the usage and loading of bankcards. Active balances alleviate the card account from being terminated, and usages bring recurring profits to suppliers.
“Almost all of the un-banked individuals in the planet may use this card for convenience, protection, investment transfers, and prestige that is even personal. It has a reasonable ATM charge anywhere on earth, therefore we additionally anticipate that numerous smaller businesses will utilize the item as being a payroll card for geographically dispersed employees,” stated Cash Now President Andrea Zecevic. “the marketplace is enormous, therefore we curently have licensees through the usa, Canada and Australia clamoring because of this card. Our new ‘World Card’ will propel and fuel our worldwide circulation abilities,” he included. For more information
Money Now Corporation, a company aggregator and a pioneer within the sub prime cash advance financing and contains ventured within the prepaid/stored-value debit card advertising company. Prepaid debit cards come in great need by organizations and people which do not be eligible for bank records or bank cards around the world. The marketplace for prepaid debit cards is simply with its infancy domestically and practically untapped outside of the united states of america. Based on money Now, the demographics of phone card that is calling and customers who are able to reap the benefits of discount healthcare plans overlap greatly with this of prepaid debit cards users, supplying extremely synergistic cross sell possibilities between these programs.
The business views huge potential into the global circulation of pre-paid bank debit cards, retail present cards, phone international calling cards, and health care and insurance items, serving a multibillion-dollar worldwide market. Money Now’s president Andrea Zecevic adds prepaid debit cards come in great need by organizations and folks both domestically and worldwide, with all the market away from usa practically untapped.
CHNW’s income model strives to produce revenue that is recurring from an international client base through mass circulation marketing networks. Other available and planned solutions and products and services for CHNW value that is debit/stored and suppliers incorporate a Long Distance Calling card, cardholder benefits program (“Global First benefits”) and discounted medical plans.
Money Now Corporation (CHNW.PK), a pioneer within the loan that is payday, is developing many comprehensive menu of solutions within the cash loan industry, all dedicated to the bucks Now brand. The business’s proven enterprize model includes licensing to corporately operated venture that is joint over the U.S. and Canada. Also, money Now’s website is considered the most payday-lending that is advanced, providing key understanding to customers and clients alike – plus the power to finish payday loans online, via a telephone call or perhaps in individual.
Money Now offers a quick payday loan permit system, Payday Express; a payday loans Ohio cash advance and check-cashing license referred to as Check Express; and a bunch of relevant economic services for little and medium-size organizations. Profit Guide mag recently rated the money Now Group 10th with its directory of the 50 quickest growing & most promising companies that are emerging.
Secure Harbor Statement
Information in this pr release may include “forward-looking statements.” Statements explaining goals or objectives or perhaps the organization’s future plans are forward-looking statements and generally are at the mercy of risks and uncertainties, such as the monetary performance associated with the business and market valuations of the stock, that could cause real leads to vary materially from those expected.
Forward-looking statements in this news launch are built pursuant towards the “secure Harbor” conditions of the usa Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements include dangers and uncertainties, including, without limitation, dangers associated with the power to shut deals being contemplated, dangers pertaining to product product sales, proceeded acceptance of money Now’s services and products, increased competitors, technical modifications, reliance on intellectual home liberties as well as other dangers detailed every once in awhile in money Now’s periodic reports filed using the united states of america Securities and Exchange Commission as well as other authorities that are regulatory.