AAA to Issue Visa-Branded Travelers Cheques; Comprehensive Travel Money Solution Offers Greater Value to AAA Members.Business & News Editors/Travel Writers ORLANDO Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. , Fla.--(BUSINESS WIRE)--Oct. 1, 2002 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. today announced that it will convert its current foreign and domestic travelers cheque portfolio to Visa after signing an agreement with Travelex to supply global, Visa-branded payment products and foreign exchange services. As a result of the conversion, AAA members will receive fee-free Visa Travelers Cheques as part of a comprehensive AAA travel money portfolio that also includes prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. AAA Visa travel money cards, AAA
Visa gift cards, AAA Visa credit cards and foreign currency.
AAA members also will be able to access Travelex's global retail branch network and receive a range of benefits, including a 25 percent discount on AAA's "Show Your Card & Save(R)" program at Travelex's 664 retail locations. "This agreement brings excellent value to the AAA membership through a diverse portfolio of convenient travel money payment products, a world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. payment brand, global acceptance and a world-wide ATM network that provides easy access to local currencies," said Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. L. Darbelnet, AAA president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Under the new program, which begins Jan. 1, 2003, AAA members will find personal assistance at more than 400,000 Visa member financial locations worldwide and have access to more than 120 local currencies through Visa's global network of 785,000 ATMs. Replacement of lost or stolen travelers cheques and assistance with lost passports The following is a list of passports: By country and territory
Canadian Automobile Association The Canadian Automobile Association (commonly known as CAA) is a non-profit federation, founded in 1913, of nine clubs across Canada, providing roadside assistance service, a complete range of auto touring and leisure travel services, insurance services, and member discounts (CAA Caa See CCC. ) members will receive the same benefits as part of the new agreement. "The name of the game in satisfying the demands of today's on-the-go consumer is offering a range of secure payment choices. AAA is at the forefront of providing the broadest array of payment options that meet their members' individual travel needs," said Carl Pascarella, president and CEO of Visa USA. "Visa has enjoyed a long-standing and growing partnership with AAA. We're pleased that one of the largest single providers of prepaid travel money cards has sought to expand our relationship into the travelers check arena." "We are delighted to have won the world's largest travelers check account," said Lloyd Dorfman, Travelex Group chairman and CEO. "This represents a major win for Travelex and for its traveler cheque program and money solutions programs. Furthermore, we are very enthusiastic and totally committed to developing our relationship with AAA and its members to become their total travel money solutions provider." About AAA As North America's largest motoring and leisure travel organization, AAA provides its more than 45 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit Not-for-profit An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. , fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. About Travelex Travelex is the world's largest foreign exchange specialist, with 664 retail branches at key airport, seaport and rail locations, in addition to tourist and business centers around the world. Travelex is also one of the world's leading providers of outsourced travel money to banks, travel agencies and other financial institutions. Travelex is also the world's largest non-bank provider of commercial foreign exchange services, the world's second largest issuer of travelers checks and the largest provider of Visa-branded Travelers Cheques globally. About Visa U.S.A. Visa is the world's leading payment brand and largest payment system, facilitating over $915 billion in annual transaction volume -- including roughly half of all Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the payments -- with virtually 100 percent reliability. U.S. cardholders carry 376 million Visa-branded smart, credit, commercial, prepaid and check cards, accepted at approximately 24 million locations worldwide. For more information about Visa, please visit http://www.visa.com. |
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