Cyphermint To Implement PayStars Proprietary Nationwide Bank Funds Loading Services

Thursday 13 January 2005 17:42 CET | News

PayStar Corporation, a leading provider of stored value cards and national bank debit card load services signed an agreement with Cyphermint, Inc. for loading funds onto Cyphermint PayCash NOW Visa(R) Debit cards.

Under this partnership, Cyphermint will implement PayStars proprietary nationwide bank funds loading services with its cardholders. The service will utilize four national leading banks with over 10,000 branch locations where Cyphermint cardholders may conveniently replenish funds on their NOW Visa(R) cards. Joe Barboza, President and CEO of Cyphermint, stated that We are ready to launch this program into several accounts nationally and expect rapid deployment of this service on our NOW Visa(R) cards beginning this month. We are confident that our customers will embrace the funds loading convenience as it further enhances the financial independence of our cardholders. This service expands the partnership we already have with PayStar and we are excited about adding this new capability to our card platform. William D. Yotty, Chairman and CEO, PayStar Corporation, stated Cyphermint is expanding quickly with several new card marketing initiatives and we are pleased about the opportunity to be involved with their continued market expansion.

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Categories: Payments & Commerce | Cards
Countries: World
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