News
American Express, eFunds ink prepaid card processing deal
December 5, 2006
NEW YORK - American Express and eFunds Corp. have signed a global, multiyear transaction-processing deal that seals eFunds as the processing-services provider for all American Express prepaid cards.
According to a news release, eFunds will take operational responsibility for transaction processing, card activation, account maintenance and transaction authorization.
eFunds also will provide processing services to American Express-backed gift cards, the Travelers Cheque Card, and incentive cards issued by American Express Incentive Services.
ATM ManagementTransaction ProcessingEFT NetworksPrepaid / Stored Value / Gift CardNorth AmericaLatin AmericaPublic CompaniesMiddle East & AfricaAsia, Australia & PacificBank / Credit Union
Related Media
Subscribe
Get the latest news and resources from ATM Marketplace.
Recent Posts
SEC accuses former ATM businessman Daryl Heller of funneling $185M from investors
Fifth Third named as top veteran friendly employer
DC AG sues Bitcoin ATM operator Athena Bitcoin for allegedly exploiting scam victims
NCR Atleos earns #5 rank in fintech rankings
SEC to revamp cryptocurrency policies amid Trump's pro crypto push
