Consumers Union Report Shows nFinanSe Is The Low-Cost Leader In Prepaid Card Market, Lower Than Walmart
TAMPA, Fla. – A new report, ‘Consumers Union Report: Prepaid Cards Come With Long List of Fees and Weak Consumer Protections’ written by Michelle Jun, was released September 15, 2010. The Report is about the growth of prepaid cards and positions nFinanSe (OTC Bulletin Board: NFSE – www.nFinanSe.com) as the low-cost leader in the prepaid [...]
Reloadable prepaid cards can be handy but heavy on fees
By Sandra Block USA Today Click here to read the full article Consumers “have got plenty of choices, and they can find cards that fit their idea of what’s fair and appropriate,” says Jerry Welch, CEO of nFinanSe, which charges a $2.95 monthly maintenance fee (the lowest in the industry).
Consumers Union Report: nFinanSe joins Walmart as low-cost leaders in prepaid card space
Prepaid cards – reloadable cards that can be used to make payments similar to debit cards and are becoming the foundation of a second tier banking system used by a growing number of low income consumers – are continuing to grow in popularity. In 2006 alone, the Federal Reserve estimated that 312 million transactions were [...]
Does Everything Require Stimulus?
By Jerry R. Welch nFinanSe, Inc. As posted on The Huffington Post A pilot program approved by the FDIC Board of Directors yesterday to evaluate the feasibility of offering no-frills, low-cost checking and savings accounts is an interesting idea. The program is designed to help millions of “unbanked” and “underbanked” Americans regain trust in the [...]
nFinanSeMusic.com Releases Volume 2 of Free Music Downloads
Artist with No. 1 hit in Germany, Van Risseghem, heads list of eight cutting-edge acts Tampa Bay, Florida – nFinanSe Inc., a leading reloadable prepaid card provider, in conjunction with its entertainment partner, Inspire, today released Volume 2 on its online music site, www.nFinanSeMusic.com, which provides free downloads by new artists and is intended to [...]
Las Vegas Business Press: For underbanked, prepaid cards may offer convenience
By John G. Edwards Las Vegas Business Press Do you use a rubber band and your pocket rather than a bank account to store cash? Or do you hide money under the mattress? Are you too busy to balance your checking account? Want to give your kid in college a debit card with limited balances? [...]
Prepaid Cards Growing But New Policies Loom
By Will Hernandez American Banker Consumers and businesses are expected to load as much as $186 billion onto prepaid cards in 2014, according to a report released last week, but uncertainty about future government regulations could hamper sustained market growth. Aite Group LLC expects the value of funds loaded onto branded prepaid card accounts this [...]
NFinanSe Announces Fee Reductions
Customers save money on ATM withdrawals and bill pay transactions Convenience Store Decisions March 10, 2010 nFinanSe Inc., a reloadable prepaid card provider, is reducing its fees to cardholders for ATM withdrawals and also for electronic bill pay transactions. The company believes that these reductions will encourage greater trial and usage of its Visa and [...]
nFinanSe Launches Revolutionary Brand Marketing Campaign
TAMPA, Fla. – nFinanSe Inc. (OTC Bulletin Board: NFSE), a leading reloadable prepaid card provider, in conjunction with its entertainment partner, Inspire, today launched its online music site, http://www.nfinansemusic.com/, which provides FREE downloads of new artists and is intended to appeal to young adults aged 18 to 25. “Music is an integral part of each [...]
Will the new credit card reform legislation create a ‘Plastic Gap’?
Lyle Elias IPayments News Click here to read the full article. In a January 31st Huffington Post article, Jerry Welch, CEO of nFinanSe, claims that “In the past several decades, the way we pay for things has made plastic, not cash, king.” Jerry makes a case in the piece for the new Credit Card Accountability, [...]
