nFinanSe Launches $3 Visa® Reloadable Prepaid Debit Cards at Dollar General
15 December 2010 - 12:00AM
Business Wire
nFinanSe (OTCBB: NFSE)(www.nFinanSe.com), a leading provider of
prepaid cards, today announced that it had launched its industry
leading Visa® Reloadable Prepaid Debit Cards at approximately 9,000
Dollar General stores nationwide.
”Dollar General is one of the country’s largest and most
recognized retailers and we are very excited to be adding our $3
Visa Reloadable Prepaid Debit Card to their stores,” stated Jerry
R. Welch, Chairman and CEO of nFinanSe. “Given that our cards were
recently highlighted for the lowest fees by the Consumers Union,
the non-profit publisher of Consumer Reports, we believe the
nFinanSe Prepaid Visa Card will be very attractive to Dollar
General customers.”
Consumers can purchase the nFinanSe Visa Reloadable Prepaid
Debit Card for only $3 and conveniently load additional funds at
Dollar General locations for only $2.95. Of the 19 card issuers
mentioned in the Consumers Union 2010 Report on the prepaid
industry, nFinanSe was noted for the lowest card sales price of $3
along with Walmart® and singled out for the lowest monthly
maintenance fee of $2.95 and lowest ATM withdrawal fee of
$0.99.
The nFinanSe Reloadable Prepaid Visa® Card features what the
Company believes to be the best overall pricing in the marketplace
at this time. In addition to its consumer-friendly low prices of $3
to purchase a card, $2.95 to reload and a $2.95 monthly maintenance
fee for unlimited purchases, nFinanSe also offers FREE
direct deposit of payroll, FREE 24/7/365 live agent customer
service in English and Spanish and FREE cell phone text
message alerts with purchase and balance information after each
transaction.
The Visa® Reloadable Prepaid Debit Card is issued by Palm Desert
National Bank pursuant to a license from Visa U.S.A., Inc. nFinanSe
is a registered ISO of Palm Desert National Bank. All cards funds
are insured by the FDIC in accordance with the FDIC's applicable
terms and conditions.
Safe Harbor” Statement under Private Securities Litigation
Reform Act of 1995
This press release contains certain forward-looking statements
based on nFinanSe Inc.’s, or, the Company’s current expectations,
forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements include statements regarding the
Company’s expectations, beliefs, intentions or strategies regarding
the future and can be identified by forward-looking words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,”
“may,” “should,” “will,” and “would” or similar words and include
statements regarding the anticipated benefits of the Company’s
products and the anticipated roll out of the Company’s products.
Forward-looking statements in this release are based on information
available to the Company as of the date hereof. The Company’s
actual results may differ materially from those stated or implied
in such forward-looking statements due to risks and uncertainties
associated with the Company’s business, which include the Company’s
ability to execute its business strategy and the other risk factors
disclosed in the Annual Report on Form 10-K for the year ended
January 2, 2010 on file with the Securities and Exchange
Commission. The Company assumes no obligation to update the
information included in this press release, whether as a result of
new information, future events or otherwise.
About nFinanSe Inc.
nFinanSe Inc. (OTC Bulletin Board: NFSE) is an innovative
financial services company and provider of stored value and prepaid
card solutions headquartered in Tampa, Florida. nFinanSe has
developed the nFinanSe Network™, a secure, reliable value load and
activation platform that connects with retail merchants and other
value load stations located throughout the United States. For more
information, visit www.nFinanSe.com.
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