Fall Launch of Visa Prepaid Reloadable Cards Scheduled
TAMPA, FL – nFinanSe Inc. (OTCBB: NFSE) today announced that the Company will begin offering as part of the nFinanSe suite of managed card products a Visa branded general purpose reloadable prepaid cards in the Fall of 2009. The Visa Prepaid cards will be distributed to retail chains through the Company’s distributor relationships and through the Company’s direct relationships with retailers. The cards will be issued by Palm Desert National Bank™ (“PDNB”).
Jerry R. Welch, nFinanSe’s Chairman and Chief Executive Officer, said, “We are very excited to be offering Visa cards to our retail partners. Visa’s reputation is unparalleled worldwide for delivering retail advantages to the Visa cardholder. By combining Visa’s outstanding worldwide recognition and acceptance with our market-leading pricing and customer service model, we believe that we will create an exceptional experience for consumers.”