News

Ready Credit Corp., PDNB launch self-service prepaid MasterCard

September 12, 2006

MINNEAPOLIS - Ready Credit Corp. and California-based Palm Desert National Bank, have launched a self-service kiosk called the ReadyStation to issue prepaid MasterCard cards.

According to a news release, the ReadyStation allows consumers to reload personalized ReadyCards and check card balances at no charge.

"Our many years of experience in the prepaid card market have made us aware of the need and demand for a powerful and easy to use self-service technology solution," said Jim Tingey, senior vice president of administration for PDNB's Electronic Banking division. "As the issuing bank for the ReadyCard Prepaid MasterCard, we are pleased to be working with Ready Credit Corporation and MasterCard in bringing this innovative product solution to consumers,"

ReadyStation kiosks have been deployed in Minneapolis and El Paso, and nationwide deployment is expected to begin during the fourth quarter.