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CORRECTING & REPLACING: Visa TravelMoney To Offer Reimbursement for Lost Luggage; More Sophisticated Benefits Help Ensure Cardholders Travel with Confidence; New Sales Channels Make Visa TravelMoney Available to More Consumers.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- The headline should read: "Visa TravelMoney To Offer Reimbursement for Lost Luggage..." sted "Visa TravelMoney To Offer Reimbursement for Lost or Damaged Luggage..." Also, Paragraph 3, sentence 1 should read: "Visa TravelMoney cardholders are now eligible to be reimbursed up to $1,000 per card to replace luggage and its contents..." sted " Visa TravelMoney cardholders are now eligible to be reimbursed up to $1,000 per account to repair or replace luggage and its contents..."

Visa USA today USA Today

National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s.
 announced a new enhancement to its Visa TravelMoney product, ensuring that cardholders can be reimbursed for their lost luggage and contents.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the U.S. Department of Transportation, reports of mistreated or lost luggage increased by more than 40 percent in April 2005 over the same month a year earlier.(1)

Visa TravelMoney cardholders are now eligible to be reimbursed up to $1,000 per card to replace luggage and its contents, if the common carrier (an airline, train, cruise or bus line) loses their checked or carry-on luggage. Visa TravelMoney is the first prepaid card to offer such a feature.

The lost luggage reimbursement policy for Visa TravelMoney cardholders is unique in that it is not contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress"
contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent
 the purchase of travel with the Visa TravelMoney card. To make a reimbursement claim, a traveler simply needs to be a registered Visa TravelMoney cardholder card·hold·er  
n.
One who holds a card, especially a credit card.



cardhold
, with an activated and eligible card. Additional information on qualifying terms and conditions is available from financial institutions that issue Visa TravelMoney.

"Visa continually looks for ways to offer cardholders added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 in their payment choices," said Todd Brockman, senior vice president, prepaid products, Visa USA. "When consumers hit the road, they want to travel with confidence and peace of mind. Not only do Visa TravelMoney cardholders have a payment product that can be used at millions of merchant and ATM locations worldwide, they also know that their belongings will be protected during the journey."

Visa TravelMoney is a prepaid, reloadable card that offers cardholders a better alternative to travelers cheques and cash. Travelers can load funds to the card in person, by phone or online, through a checking account, credit card or debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , and use the card to make purchases at millions of travel, entertainment and retail merchants worldwide - anywhere Visa debit

The old Visa and Delta logos.
 cards are accepted. Visa TravelMoney cards can also be used to withdraw local currency at Visa/PLUS ATMs.

Like all Visa consumer credit and debit cards, Visa TravelMoney cards are protected from fraudulent or unauthorized transactions by Visa's Zero Liability policy in the event the card is lost or stolen. Visa TravelMoney cardholders also receive Travel & Emergency Assistance services and Purchase Security in the event their purchase is lost or damaged due to theft, fire or weather.

Consumers currently planning summer travel can purchase Visa TravelMoney cards at select 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 National City branch locations and web sites.

Later this year, Visa TravelMoney will be available in thousands more locations throughout 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. , including:

--Safeway locations (issued by Inter National Bank, in partnership with NetSpend)

--West Suburban Bank

--CardEx.com (issued by Elan Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
)

--Numerous regional financial institutions through programs issued by MetaBank, in partnership with Travelex, the Independent Community Bankers Association, the Credit Union National Association and the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and  

For additional information about Visa TravelMoney, visit www.visa.com/ustravelmoney.

About Visa

Visa USA is the nation's leading payment brand and largest payment system, enabling banks to provide their consumers and business customers with a wide variety of payment alternatives tailored to meet their evolving needs. Visa USA is committed to increasing the choice, convenience, acceptance, and security of Visa payments for all stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 in the payments systems - Members, cardholders and merchants. Through its 14,000 Member financial institutions, more than 463 million Visa-branded cards have been issued to cardholders in the United States. Last year, U.S.-based financial institutions relied on Visa's processing system, VisaNet, to facilitate $1.3 trillion in transactions with virtually 100 percent reliability.

Worldwide, cardholders in over 150 countries carry more than 1 billion Visa-branded cards, accounting for more than $3 trillion in annual transaction volume.

Visa offers a trusted, reliable and convenient way to access and mobilize financial resources - anytime, anywhere, anyway.

(1) U.S. Department of Transportation, "Air Travel Consumer Report," June 2005, 23.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 8, 2005
Words:716
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