Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AAA / Visa Offering Multi-Purpose,Prepaid, Electronic Budgeting Cards.


Business Editors/Travel Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 6, 2000

Travelers, gift-givers, students and shoppers can get help staying within their budgets using a set of new financial service payment cards being introduced by AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 and Visa USA. Each card is designed to meet a specific budgeting need:
-- AAA Global Currency for traveling internationally.

-- AAA EveryDay Funds for easier money management.

-- AAA Gift Card for special occasions.


The AAA EveryDay Funds and AAA Global Currency card funds - which store pre-paid denominations from $5 up to $9,999 - can be accessed at more than 600,000 Interlink INTERLINK - A commercial product comprising hardware and software for file transfer between IBM and VAX computers.  Merchants in 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.  and 625,000 automatic teller machines See ATM.  worldwide. The AAA EveryDay Funds and AAA Gift Card also can be used at more than 18 million merchant locations that accept Visa cards. The AAA Gift Card can be purchased with any denominations from $25 up to $2,000.

The AAA stored value cards are issued and administered by MBNA MBNA Monument Builders of North America
MBNA Mercedes-Benz North America
MBNA Maryland Bank, National Association
MBNA Maryland Bank North America
MBNA Mount Baker Nurses Association (Bellingham, Washington) 
 America, N.A. Bank and processed by WildCard See wild cards and wildcard mask.  Systems, Inc.

The AAA Global Currency card is instantly available free at participating AAA club locations to AAA members with a minimum initial balance of $300 or more, or for $3 per card to non-members. The cards also can be obtained by paying a $2.95 shipping and handling fee via the Internet at www.storedvalue.aaa.com or by calling the toll-free order center at 1-877/233-9234. A list of AAA locations offering the cards is available on the Web site.

Each AAA stored-value card A smart card that is "loaded" with cash. See smart card.  is a prepaid pre·pay  
tr.v. pre·paid, pre·pay·ing, pre·pays
To pay or pay for beforehand.



pre·payment n.
 Visa card holding dollar amounts that consumers set beforehand. As they are used, the amount spent is deducted from the total on the card.

The currency value stored on the AAA Everyday Funds and AAA Global Currency Cards can be replenished as needed as needed prn. See prn order.  by phone, Internet connection or at participating AAA offices, and are protected by personal identification numbers set by the card holder when the card is activated.

"The AAA stored-value cards use the latest technology to assist budget conscious consumers better manage their funds," said Tom Wilt, managing director, AAA Partner Sales. "These convenient cards allow individuals to decide in advance exactly how much they want to spend, give as a gift, or provide as an allowance; while ensuring secure access to their funds."

"The AAA partnership with Visa will truly benefit the members of AAA in a variety of ways," said Steve Diamond, vice president with Visa USA. "The AAA portfolio of Visa card products will provide an unprecedented level of convenience for today's busy lifestyles."

As the nation's largest motoring and leisure travel organization, AAA provides its 43 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax paying AAA has been a leader and advocate for safety and security of all travelers. AAA clubs can be reached on the Internet at www.aaa.com.

Visa U.S.A. is the leading payment brand and the largest payment system in the United States, with more volume than all other major payment cards combined. Visa plays a pivotal role in advancing new payment products and technologies to benefit its more than 14,000 U.S. member financial institutions and their cardholders. There are more than 330 million Visa credit, commercial and check cards, which generate more than $720 billion in annual transaction volume. Visa-branded cards are accepted at over 17 million locations worldwide, including some 625,000 ATMs in the Visa/PLUS Global ATM Network. Visa's Internet address There are two kinds of addresses that are widely used on the Internet. One is a person's e-mail address, and the other is the address of a Web site, which is known as a URL. Following is an explanation of Internet e-mail addresses only. For more on URLs, see URL and Internet domain name.  is www.visa.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 6, 2000
Words:589
Previous Article:Neopost Logistics Systems Introduces iLS.X, a Modular Suite of Web-Enabled Logistics Applications; Neopost Logistics Systems Places Virtual Shipping...
Next Article:Aliant Chooses BCE Emergis and Ariba for B2B e-Commerce Solution.
Topics:



Related Articles
Auto Club Introduces Convenient New Way to Give Gifts This Holiday Season.
Metavante Chooses Arcot Systems to Deliver Verified by Visa Solution; Partnership Will Provide Payment Authentication Solution to Financial...
WildCard Systems Powers Prepaid Payment Products Worldwide for Visa Issuers to Reach Businesses and Consumers.
Paychex Partners with Visa to Offer Payroll Card; Paychex Access Visa Card Offers Low Cost Alternative to Paper Paychecks.
MAGIC'S BEEN CARDED L.A. LAKERS LEGEND LENDS NAME TO NEW DEBIT SYSTEM.
UniRush Financial Services and Metavante Agree to Offer Rush Pay, a New Comprehensive Bill Payment Service.
Digital River Launches its Visa Electron Card; Provides Value-Added Services for Its Small- to Mid-Sized Clients.
First Data Independent Sales to Sponsor Grand Prix Arizona.
Visa and ADP Sign Five Year Agreement to Expand Adoption of Visa Payroll Cards.
Coinstar to Offer Money Network Pay Card Through Coinstar Kiosks.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles