Technology/Services

Stripes Offering $3 Cards

Retailer stocking nFinanSe's Visa, Discover reloadable prepaid debit products
CORPUS CHRISTI, Texas -- Susser Holdings Corp.'s Stripes LLC convenience store locations throughout the southwestern United States are now carrying nFinanSe Inc.'s $3 Visa and Discover Reloadable Prepaid Debit Cards.

The nFinanSe's Reloadable Prepaid Visa and Discover Cards feature what the company believes to be the best overall pricing in the marketplace at this time. The cards sell for $3 at retail stores; have a low $2.95 monthly maintenance fee for an unlimited number of purchase transactions; and allow cardholders to load additional funds or "top up" for only $2.95. [image-nocss] The company also offers free direct deposit of payroll, free 24x7x365 live-agent customer service in English and Spanish located in the United States and free cell phone text message alerts with purchase and balance information after each transaction.

"We believe that our industry low, customer-friendly pricing combined with the excellent everyday store traffic at Stripes locations will encourage initial trial, usage and early adoption of Reloadable Prepaid Debit Cards among Stripes customers," said Jerry R. Welch, chairman and CEO of nFinanSe.

He added, "Stripes will now be able to offer their customers a feature-rich Visa or Discover Reloadable Prepaid Card with fees actually lower than Walmart. This, plus the convenience of their store locations and the uniqueness of their merchandise mix should help make Stripes a destination for the sale and reloading of Prepaid Debit Cards."

The Visa Reloadable Prepaid Debit Card is issued by Palm Desert National Bank pursuant to a license from Visa USA Inc. nFinanSe is a registered ISO of Palm Desert National Bank. The nFinanSe Discover Reloadable Prepaid Card is issued by Palm Desert National Bank, Palm Desert, Calif., Member FDIC or by First Bank & Trust NA, Pipestone, Minn., Member FDIC, pursuant to a license from Discover Network.

nFinanSe is a financial services company and provider of stored-value and prepaid-card solutions headquartered in Tampa, Fla. It 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.

Corpus Christi, Texas-based Susser Holdings is a third-generation, family-led business that operates more than 525 c-stores in Texas, New Mexico and Oklahoma primarily under the Stripes and Town & Country banners. Restaurant service is available in more than 300 of its stores, primarily under the proprietary Laredo Taco Co. and Country Cookin' brands. It also supplies branded motor fuel to approximately 390 independent dealers through its wholesale fuel division.

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