7-Eleven Inc. Signs Deal to Accept PreCash Payments; National Chain Joins Network of 22,000 Locations.Business Editors HOUSTON--(BUSINESS WIRE)--Nov. 12, 2003 PreCash Inc., a leading electronic cash transaction company, and 7-Eleven Inc., the country's premier convenience store retailer, announced today a partnership that will enable participating 7-Eleven(R) stores to begin processing PreCash(R) payments, starting with Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. payments. "Sprint PCS PreCash cardholders now have the convenience of making payments to their wireless accounts at up to 5,300 participating 7-Eleven locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Calvin Williams Calvin John Williams (born March 3, 1967 in Baltimore, Maryland) is a former professional American football player in the NFL who was selected by the Philadelphia Eagles in the 5th round of the 1990 NFL Draft. A 5'11", 181-lb. , Executive Vice President of Sales and Marketing of PreCash Inc. Open 24 hours a day, 7-Eleven stores provide more convenience to millions of Sprint PCS customers who use the PreCash card to pay for their monthly wireless service for a small convenience fee. Instead of a traditional prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. program, in which a disposable
prepaid phone card with a specified number of minutes is purchased and
loaded onto a wireless phone, PreCash offers Sprint PCS consumers an
electronic payment service using the PreCash card. So now, customers can
refill refill noun A second allotment of a prescription agent obtained from a pharmacy, which is allowed by the original prescription verb Pharmacology To obtain more of a particular drug, after the initially prescribed amount of the agent has been used or their account in any amount they choose without the use of PINs.
The transaction will post in minutes, allowing customers quick use of
their wireless phones.
The PreCash card itself does not hold any value, so if the card is lost, funds and airtime air·time n. 1. The time during which a radio or television station is broadcasting. Also called airspace. 2. The time at which a radio or television program is broadcast. purchased on the account are protected. The PreCash card is electronically linked to the customer's wireless phone number and will be used for the life of the wireless account. As an added convenience, PreCash offers both interactive voice recording and online store locator services An IN (Intelligent Network) service for retail outlets that transfers the caller to the nearest store based on the calling telephone number. This allows the business to advertise only one telephone number. See call routing service. . Customers simply enter their five-digit zip code zip code System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities. on their wireless phone to locate the closest participating 7-Eleven store. "Providing customers with alternative payment options is part of our strategic vision at 7-Eleven," said Ron Hannah, category manager commission services for 7-Eleven Inc. "The partnership with PreCash expands our service offerings as well as provides convenient 7-Eleven payment locations for Sprint PCS customers." About 7-Eleven Inc. 7-Eleven Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , 7-Eleven Inc. operates or franchises approximately 5,800 7-Eleven(R) stores in the United States and Canada and licenses more than 19,200 7-Eleven stores in 17 other countries and U. S. territories throughout the world. During 2002, 7-Eleven stores worldwide generated total sales of more than $33 billion. Find out more online at www.7-Eleven.com. About PreCash(R) PreCash offers a payment system that allows customers to quickly and easily transform cash into electronic payments at more than 22,000 convenient retail locations nationwide, such as RadioShack and Wal-Mart. With PreCash, cash-based customers, including those denied credit or unwilling to use credit for personal reasons, gain access to services previously available only to credit-based users and have the ability to make real-time payments to a wide variety of companies. Furthermore, the PreCash system provides service providers with an alternate method for accepting customer payments and offers expanded distribution points for accepting those customer payments. PreCash Inc., founded in 1998, is headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , with offices in Portland, Ore. and Atlanta, Ga. For more information about PreCash, visit www.precash.com. (C) Copyright 2003, PreCash Corporation. All brands or products mentioned are trademarks or registered trademarks of their respective holders and should be treated as such. All rights reserved. |
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