MISSISSAUGA, Ontario, July 17, 2013 /CNW/ - InteliSpend Prepaid Solutions, in conjunction with Peoples Trust, is honoured to have played a part in the emergency relief effort to aid those affected by the recent flooding in the province of Alberta. Working with the Government of Alberta, InteliSpend was able to deliver Visa® prepaid cards for disbursement within 48 hours of the request.
Leveraging InteliSpend's flexibility, card configuration was quickly modified to ensure that cardholders did not incur the fees associated with card usage normally charged by a card issuer; the Government is absorbing those fees. To reduce stress in an already stressful situation, customized client and cardholder support materials were provided and onsite customer support was made available at the point of distribution.
"Our ability to assist the province of Alberta and those affected by the floods could not have been possible without our strong relationships with Peoples Trust, Visa Canada and Source One Direct," Ingrid Wilson, regional vice president for InteliSpend's Canadian division, said. "We were happy to play a part in helping those families whose lives were impacted."
As part of the $1B emergency effort, $1,250 per adult and $500 per child was distributed for daily necessities. By utilizing a prepaid card with ATM access, the funds were immediately available to recipients and secure due to lost/stolen protection through Visa's Zero Liability policy.
InteliSpend Prepaid Solutions, LLC, an independent entity within Maritz Holdings, Inc., is an issuer of Discover®-branded prepaid products, a reseller of American Express®-branded prepaid products and a program manager for select issuers of MasterCard and Visa branded prepaid products. InteliSpend provides businesses with prepaid solutions, including prepaid cards, online reward management technology, and program management. Its products address a broad array of applications, such as employee reward and recognition, sales incentives, expense management, and consumer promotions. InteliSpend is headquartered in Fenton, MO, and is a licensee of U.S. Patents 5,689,100 and 5,956,695 and Canadian Patent 2,215,969. For more information, please visit intelispend.com.
About Peoples Trust
Peoples Trust Company is a financial institution headquartered in Vancouver, B.C., with offices across Canada. The company is active in originating and servicing mortgages, with over $5.6 billion in assets under administration, and offers very competitive deposit products. Peoples Trust, through its subsidiary Peoples Card Services, is a pioneer of prepaid and credit card programs in Canada, and a market leader in both reloadable and non-reloadable card products of Visa and MasterCard. For more information, visit www.peoplescardservices.com.
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world's most advanced processing networks — VisaNet — that is capable of handling more than 30,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit corporate.visa.com
About Source One Direct
Source One Direct, a Cardiff Holdings Company, is a leading provider of card personalization and fulfillment services across all industries. Combined with sister company, Shoreline Business Solutions, Source One Direct is one of the largest independent card personalization and fulfillment organizations in the United States. To learn more about Source One Direct and their offerings, please visit www.sourceonedirect.com, email [email protected] or call (888) 874-7488.
SOURCE: InteliSpend Prepaid Solutions
For further information:
Andrea Sanders, Director Marketing Communications, 636.226.2170