New Prepaid Debit Card to be Trialled in Select Towns in South East England

Richmond, Surrey, United Kingdom, 11/16/2007 - Payzone in association with MasterCard® are piloting a new pre-paid debit entry card.

This hebdomad a new type of debit entry entry card is being trialled in some 600 stores and retail mercantile establishments throughout Greater London and the South East of England which is targeted at people who make not have got entree to normal recognition or debit cards. The new plastic card is called a 'pre-paid card' which agency people tin utilize a burden card to lade their hard cash onto a separate 'debit' card that can then be used for the usual scope of purchases, both on and offline just like a recognition card, but without the hazard of going into debt. Connor Kinnear, spokesman from payzone, Alphyra's web of retail merchant payment outlets, commented "There are three million people living in the United Kingdom without entree to a depository financial institution account. And there are billions of other people, from adolescents through to recent reachings in this country, that are denied entree to debit entry or recognition card game yet who still necessitate to direct money place or to take advantage of particular trades in the stores or on the cyberspace which they would be excluded from without some word form of acceptable plastic money." The new pre-pay merchandise can be bought without designation or recognition history, will be free (normal terms £6.99) and with discounted burden rates (25%) during the trail period. There are numerous benefits to owning and using the card which include: • Handiness - There are no recognition checks, or designation requirements, which intends you can acquire a card without worrying about your recognition history. If you desire one, you can acquire one. • Safety - As the card game transport no personal information, you avoid the hazard of personal identity larceny which is especially valuable now that online shopping business relationships for such as a important per centum of United Kingdom expenditure. • Money Sharing – the double card loading/withdrawing aspect do the pre-paid debit card the cheapest manner to 'share' money with household abroad, whether to household members based elsewhere, to pay off a foreign mortgage or to maintain children on their travelings topped up with disbursement money. It can even be used to back up children at University. • Control - postpaid card game are an ideal manner to command the disbursement of employees and loved ones. • No debt hazard -With A postpaid card there is no opportunity of disbursement too much as you are limited to the amount you set on your card. • The card for traveling - As well as being able to exceed up the card you will be able to utilize it at ATMs worldwide. Additionally, if you lose your card you can reach your supplier and they will direct a new 1 to you. • On the tally up to Christmastide it can do the ideal gift. Unlike individual shop gift cards, payzone worldwide money can be used anywhere the MasterCard logotype is displayed. Additionally to this the Payzone postpaid debit entry card offerings the followers competitory rates:
• The card is free (during airplane pilot period, and only £6.99 thereafter which is cheaper than many of the postpaid card game already available on the market)
• There is no monthly fee for use
• There is only a £1 criterion complaint applied for standard atmosphere use
• Unlike other pre-paid cards, all online and in-store usage is free of charge Areas taking portion in the debit entry card airplane pilot include: Reading, Slough, Twickenham, Uxbridge, Harrow, Greater London SW, Tungsten WC, and EC.

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