"Coinstar is a leader in the prepaid industry and we are very proud to be partnering with them in the distribution of our general purpose reloadable and gift cards," said nFinanSe's vice president of sales Karen Sobie. "Our agreement with Coinstar will ensure that our market-leading reloadable cards, priced to the [image-nocss] consumer at only $3, achieve much greater penetration in the marketplace and stimulate significant trial and usage among consumers."
nFinanSe's Reloadable Prepaid Cards have the following features and benefits:
$3 purchase price. Low $2.95 monthly fee. Low $2.95 reload fee. Permanent card included in the retail package. Free direct deposit of payroll. No hidden transaction fees and no fees on purchases. Reloadable at over 80,000 nFinanSe Network nationwide locations. "Free...of course!" Live Customer Service available 24 hours a day, 7 days a week in English and Spanish. Purchase and available balance information sent to cardholder's cell phone and/or email address after each transaction. Mobile couponing through RocketBux. The nFinanSe Gift Cards are available in $25 and $50 denominations and offer 24/7 free customer service. In addition, they come in different themed packaging in both English and Spanish.
The nFinanSe Prepaid Cards are expected to be available to Coinstar retail partners during the fourth quarter of 2009. They will be joining Coinstar's Pay As You Go solution featuring national and regional prepaid wireless programs, long distance cards, gift cards, digital entertainment products and one of the industry's largest portfolios of financial services. Coinstar's products and services can be found at select retail locations nationwide.
Bellevue, Wash.-based Coinstar is a leading provider of automated retail solutions offering convenient products and services that make life easier for consumers and drive incremental traffic and revenue for its retailers. The company's core automated retail businesses are self-service coin counting (Coinstar) and self-service DVD rental (Redbox). Other Coinstar products and services found at the retail front-end include e-payment products such as gift cards, prepaid debit cards and other prepaid products; money transfer services; and entertainment products and services, including skill crane machines and bulk vending. The company's products and services can be found at more than 95,000 points of presence including supermarkets, drug stores, mass merchants, financial institutions, convenience stores, restaurants and money transfer agents.
nFinanSe is a financial services company and provider of stored-value and prepaid card solutions headquartered in Tampa, Fla. nFinanSe has developed the nFinanSe Network, a secure, reliable value load and activation platform that connects with retail merchants and other value load stations located throughout the United States.
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