MasterCard and Next Estate Roll Out Prepaid i-GEN MasterCard Card To Retailers Nationwide.Business Editors PURCHASE, N.Y.--(BUSINESS WIRE)--March 13, 2002 Pre-Paid Card Available at Retail Point of Sale, Without a Credit Check or Application Needed MasterCard International and Next Estate Communications Inc. today announced plans to jointly market the prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. i-GEN(R) MasterCard Card
through an expanded network of retailers nationwide.
Already available at Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. stores throughout the country, the i-GEN MasterCard Card, issued by Columbus Bank and Trust Company, is a personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. prepaid card that works wherever MasterCard is accepted. Columbus Bank and Trust is an affiliate of Synovus, the $16.7 billion asset diverse 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. company based in Columbus, Ga. Next Estate is a partner of Synovus and its pay processing affiliate, TSYS TSYS Total System Services, Inc. . "This unique offering brings the convenience of a traditional payment card to a wider group of people who have never been able to take advantage of this payment method," said Bill Mathis Bill Mathis (born 1938) was an American college and professional football player. A halfback, he is in the Clemson University Hall of Fame, South Carolina Hall of Fame, and the Georgia Hall of Fame. , senior vice president, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Member Relations, MasterCard International Incorporated. "The i-GEN MasterCard Card is also attractive for consumers who want to avoid carrying cash, and for parents who want to monitor their teen-agers' spending or give as a gift." Once activated, cardholders can use it at any one of the 22 million locations where MasterCard cards are accepted. For customers, the i-GEN(R) MasterCard(R) Card offers all the same benefits and security features of a MasterCard card. With the i-GEN MasterCard Card there are no monthly bills or debt because the card is prepaid. Customers buy an activation card at a retail store and load money onto the card as part of the same transaction. The customer then activates the card by calling a toll-free phone number, after which the i-GEN MasterCard Card arrives in the mail within 5 to 10 business days. Meanwhile, the customer can immediately begin using the pre-paid balance via a MasterCard account number for online purchases, catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. purchases over the phone, and any other transactions that do not require the physical card to be presented. To add more money to the card, customers simply return to any retailer that sells the i-GEN MasterCard Card. Rite Aid Corp. introduced the i-GEN MasterCard Card in 3,600 of its stores last December. Next Estate is in the process of rolling out the i-GEN MasterCard Card at The Pantry, Inc.'s 1325 convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. throughout the Southeast. Additional retailers, including grocery and mass stores will begin selling the card over the next months. "Our customers have responded positively to this card because they pay as they go, and no one is ever turned down. It's a great option for people who want the convenience and security that comes from paying with a MasterCard card," said John Learish, Rite Aid's Vice President of Marketing. "Because customers must visit Rite Aid to re-load their cards, the card helps generate repeat visits and new sales throughout our stores." The i-GEN MasterCard Card appeals to a whole range of customers including young shoppers, those who don't have access to traditional payment cards and consumers who desire more control over their spending. Also, many people feel more secure using a prepaid card while traveling or shopping online, since they can govern the amount of money that can be paid with the card. "We are extremely pleased with the tremendous response from both our retail partners and our cardholders," said Steve Streit, 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. of Next Estate Commmunications, Inc. "Clearly, this product fills a very important need for the public while also filling an important product offering need for major retailers. Our retailers generate terrific profits from selling our card and our cardholders find terrific value in owning the card. Truly a win-win." About MasterCard MasterCard International Incorporated has a comprehensive portfolio of well-known, widely accepted payment brands including MasterCard(R), Cirrus(R) and Maestro (1) (Maestro NT) An earlier name for scheduling software for Windows NT from Tivoli Systems, Inc. When IBM acquired Tivoli in 1996, the program was renamed IBM Tivoli Workload Scheduler. (R). More than 1.7 billion MasterCard, Cirrus and Maestro logos are present on credit, charge and debit cards 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. in circulation today. An association comprised of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is a leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard's award-winning Priceless price·less adj. 1. Of inestimable worth; invaluable. 2. Highly amusing, absurd, or odd: a priceless remark. (R) advertising campaign is now seen in 80 countries and in 40 languages, giving the MasterCard brand a truly global reach and scope. With more than 22 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. At Sept. 30, 2001, gross dollar volume exceeded US$704 billion. MasterCard can be reached through its World Wide Web site at http://www.mastercard.com. About Next Estate Next Estate Communications, Inc., established in 1999, is a consumer products and financial services company with its corporate offices and customer service center located in Pasadena, Calif. Issuing retailer-sold, association-branded, pre-paid card products, Next Estate markets and services the i-GEN MasterCard Card, Truth MasterCard Card and Radiant radiant: see meteor shower. MasterCard Card in addition to providing custom co-branded prepaid product solutions to the banking industry. For more information on the i-GEN MasterCard Card, log onto www.mymccard.com. Retailers can call 626/405-4411 and individuals interested in the card can call 866/443-6227 or visit www.mymccard.com for the nearest retailer. |
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