American Card Services Has Launched Debit MasterCard Upgrade Program

Wednesday 5 May 2004 17:36 CET | News

American Card Services (ACS), has begun sending the Debit MasterCard card upgrade of flagship product, the Ultima Twin-Access Debit Card, to its cardholders nationwide.

The Company believes that over two million Debit MasterCard cards have been sold over the last two years. ACS has approximately 110,000 Ultima Twin-Access Debit Card Packs and 40,000 Ultima Debit MasterCard cards in inventory and projects selling this inventory during the 2nd Quarter 2004. The Debit MasterCard card upgrade will provide cardholders the ability to use Debit MasterCard cards most places MasterCard cards are accepted. ACS is in the rapidly emerging stored-value debit card market. ACS provides un-banked ethnic groups with a card-based product as a viable alternative to cash and traditional money transfers. ACS products will fundamentally change the way over 50 million U.S. ethnics and minorities transfer money and manage their money, by providing a stored-value debit card for ATM withdrawals and POS purchases worldwide.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce