News

Metavante launches prepaid-card, Internet bill-pay program

November 5, 2006

MILWAUKEE - Metavante Corp. announced Nov. 6 the launch of a new service that enables bank-sponsored Internet bill payment for prepaid-debit-card consumers that don't have traditional bank accounts.

The program will give financial institutions the ability to offer an enhanced prepaid-debit-card program to their corporate and consumer customers.

"The benefits of enhanced prepaid card programs don't stop with banks and their corporate clients. People who cannot open a checking account, including consumers and employees, can take advantage of electronic transactions and another set of options to handle their banking and bill-paying needs," said Frank D'Angelo, group president of Metavante Payment Solutions.