News
Tenn. company signs with Metavante for prepaid processing
October 1, 2008
MILWAUKEE — Metavante Corp. and Community Bank Products have completed CBP's conversion to Metavante's prepaid-card-processing services. Community Bank Products, a division of Tennessee-based FirstBank, supports network-branded prepaid card programs for more than 1,000 reseller community bank branches across the United States. According to a news release, CBP now has full access to Metavante's prepaid development team and is preparing to roll out two new prepaid products next year: payroll cards and general purpose re-loadable cards. Both cards feature the Visa brand and complement the traditional Visa gift cards and Visa TravelMoney cards already available from CBP. Metavante also plans to supply call center/automated-voice-response services, as well as fraud prevention solutions.
Transaction ProcessingEFT NetworksPrepaid / Stored Value / Gift CardUnderbanked / UnbankedBank / Credit Union
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