ALL VISA CUSTOMERS ACROSS UNITED STATES CAN NOW USE VISA TO PAY FOR MCI LONG-DISTANCE PHONE CALLS
ALL VISA CUSTOMERS ACROSS UNITED STATES CAN NOW USE VISA TO PAY FOR MCI LONG-DISTANCE PHONE CALLS SAN FRANCISCO, Sept. 15 /PRNewswire/ -- Consumers across the United States can now use any Visa card as a long-distance calling card, following an agreement between Visa U.S.A. and MCI Telecommunications Corp. (NASDAQ: MCIC).
Officials of Visa U.S.A. said that the company is making its VisaPhone Service available to all U.S. Visa cardholders as part of an effort to further tap the $55 billion U.S. long-distance phone market.
"Extending VisaPhone Service to all cardholders is moving Visa one step closer to providing consumers with one product for all their payment needs," said Visa U.S.A. Senior Vice President Richard H. Hagadorn. "Using Visa to pay for calls offers the convenience of consolidating long-distance telephone costs with other Visa transactions on one monthly bill," he said. Introduced in 1990, the VisaPhone calling card service enables cardholders to enroll as MCI calling card customers and use their Visa account number and a 4-digit telecode to serve as the long-distance calling card number. Cardholders can pick up any U.S. phone to call anywhere in the United States or to more than 200 countries. When traveling overseas, cardholders can also call the United States from over 65 countries worldwide. Cardholders may use the VisaPhone calling card service regardless of which long-distance carrier they use at home. Any U.S. Visa cardholder can enroll by calling 800-283-8472. "What's more," Hagadorn said, "VisaPhone offers customers savings of up to 19 percent on MCI long distance rates when compared to AT&T's standard calling card rates. In addition, there are no enrollment or monthly service fees -- cardholders pay only for the calls they make." "MCI is pleased to make a full array of MCI products and services available to Visa cardholders," said Gerald H. Taylor, president of MCI Consumer Markets. MCI, headquartered in Washington, offers a full range of domestic and global telecommunications services through one of the world's largest state-of-the-art networks. The company, with 1991 revenues of approximately $9.5 billion, is the nation's second-largest long distance provider. Visa, with more than 10 million acceptance locations and 286 million cards issued, is the world's largest consumer card payment system. Visa also has the leading ATM network globally. -0- 9/15/92 /CONTACT: Gregory Holmes of Visa U.S.A., 415-570-2107; or Kate Fralin of MCI Communication Corp., 703-415-6941/ (MCIC) CO: Visa U.S.A.; MCI Communication Corp. ST: California IN: FIN TLS SU: PDT
GT-RM -- SF002 -- 9564 09/15/92 11:03 EDT
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|Date:||Sep 15, 1992|
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