Successful Year-Round Campaign Continues to Benefit the National Breast
AUSTIN, Texas, Jan. 23 /PRNewswire/ -- In response to underbanked customers' demonstrated desire to adopt and contribute to a cause, NetSpend Corp., one of the premier providers of prepaid solutions in the United States, and ACE Cash Express, a leading retailer of financial services, have announced continuation of the successful pink All-Access(R) Visa(R) Prepaid Card to benefit the National Breast Cancer Foundation (NBCF), an organization dedicated to breast cancer awareness, education and early detection.
NetSpend and Ace launched the first reloadable prepaid debit card to offer consumers a way to support breast cancer awareness. The pink All-Access Visa Prepaid Card program was projected to raise $100,000 in its first year and already has far exceeded that amount, the sponsors report.
"We are so thankful for everyone who has purchased a NetSpend prepaid Visa card and continues to spend with it," said Janelle Hail, founder and president of NBCF who is also a 27-year breast cancer survivor. "Each time a cardholder makes a purchase, a portion of it is donated to the Foundation and these funds will help educate women that early detection is the most important element in the fight against breast cancer."
NetSpend and ACE representatives presented the program's first donation to the Foundation at White Memorial Medical Center in Los Angeles last year. The funds directly aid in providing educational materials and free mammograms to women who could not otherwise afford the procedure.
"Our research indicated that under-banked consumers have an authentic appetite to support important causes so we are not surprised the industry's first prepaid cause-related card has been so successful," said Rick Savard, CEO of NetSpend. "We look forward to presenting another check to the National Breast Cancer Foundation in the future that will directly benefit breast cancer awareness and education."
The reloadable prepaid debit card is available to new and existing cardholders at ACE Cash Express locations nationwide. Donations are based on funds collected from a portion of every purchase made with the pink All-Access Visa Prepaid Card.
"The response to this cause has been very gratifying," said Jay B. Shipowitz, president and CEO of ACE Cash Express. "ACE Cash Express and NetSpend customers continue to purchase and use this card in year-round support of the National Breast Cancer Foundation."
The pink All-Access Visa Prepaid Card can be used to make purchases or gain access to cash everywhere Visa debit cards are accepted worldwide. Cardholders can load funds onto their pink All-Access Prepaid Cards at NetSpend authorized reload locations across the country and maintain up to a $10,000 balance. Funds are deposited into a federally insured account at MetaBank (Member FDIC), one of NetSpend's issuing banks.
About ACE Cash Express
ACE Cash Express, Inc. is a leading retailer of financial services, including check cashing, short-term consumer loans, bill payment and prepaid debit card services, and the largest owner, operator and franchisor of check cashing stores in the United States. As of June 30, 2007, ACE had a network of 1,712 stores in 38 states and the District of Columbia, consisting of 1,528 company-owned stores and 184 franchised stores. ACE focuses on serving consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to financial services.
The ACE Community Fund
ACE Cash Express, Inc. implemented a corporate giving program in 2003, the ACE Community Fund, as a way to give back to communities where ACE has stores. The ACE Community Fund supports charities that help children, support education and promote financial literacy. Each year, ACE sets aside one percent of the previous year's net income to support these worthwhile causes through the ACE Community Fund. Since its inception, the ACE Community Fund has donated over $1,143,000 to 41 charities.
About National Breast Cancer Foundation
The National Breast Cancer Foundation extends women's lives through education about breast cancer and early detection. The organization provides hope to women and families affected by breast cancer through a community of caring support and encouragement that enables those diagnosed with breast cancer to have fulfilling lives during their treatment and afterward. Learn more at http://www.nbcf.com
MetaBank is a federally-chartered savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc.(R) is the bank holding company for MetaBank, MetaBank West Central, Meta Payment Systems(R), and Meta Trust Company(R). The Meta Payment Systems division of MetaBank based in Sioux Falls, South Dakota, serves banks, processors, and third party marketers by providing prepaid cards, credit cards, ACH origination, merchant acquiring, ATM sponsorship, and money transfer. Meta Financial Group is traded on the Nasdaq Global Market: CASH. For more information call 605.275.8052 or visit http://www.metacash.com.
About NetSpend Corporation
NetSpend Corporation is one of the premier providers of innovative,
accessible prepaid debit cards that enable financial freedom for
under-banked consumers. Grounded by a mission of financial empowerment,
NetSpend is committed to meeting its customers' financial services needs on
their terms while offering the convenience, security and acceptance of
conventional financial services. NetSpend's proprietary processing platform
allows it to support prepaid card programs end-to-end from customer
acquisition and card fulfillment to customer service and risk management.
The NetSpend(R) Prepaid Card Network includes leading consumer brands and
companies serving the un-banked and under-banked markets, and its strategic
relationships include card issuers, EFT networks and payment card
associations. For more information, visit http://www.netspend.com.
GCI Read-Poland for NetSpend Corporation
Manager of Communication
ACE Cash Express, Inc.
National Breast Cancer Foundation
|SOURCE NetSpend Corporation|
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