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eCommLink to Provide Payment Processing for AllCom's Prepaid GenieCard Program

GenieCard Combines Financial Services with Telecommunications to Deliver a Full Featured General Spend Program Unique to the Market


News provided by

eCommLink

Aug 12, 2010, 08:00 ET

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LAS VEGAS, Aug. 12 /PRNewswire/ -- eCommLink, a leading value-added prepaid debit processor, announced today that it has signed a 5 year agreement with AllCom - a leader in integrating telecommunications, internet and commerce solutions - to provide the prepaid transaction processing services for AllCom's GenieCard™. This agreement coincides with AllCom's plans to increase the distribution level of its GenieCard™ to its existing client base, and to expand its retail distribution network in both the U.S. and Canada.

(Logo:  http://photos.prnewswire.com/prnh/20081015/LAW012LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20081015/LAW012LOGO)

"eCommLink's commitment to providing best-in-breed processing service, along with the flexibility of their platform, easily adaptable to our own evolving offerings, made them the natural choice for our backend processing needs," explained AllCom CEO Thomas Skala.

The GenieCard™ is a full-service, general-purpose reloadable Visa® prepaid debit card that includes: numerous reload and transfer options; full ATM and POS access; robust email and SMS notifications; and bill payment services. The card can be purchased by AllCom's subscribers online and will soon be distributed through independent retailers throughout North America. It is available as both a standalone product and as a value add to AllCom's Universal Office communications platform.

In a related move, AllCom has recently introduced its GenieMessenger Lite messaging product.  This service is being provided to all debit card subscribers, at no cost, as a tool to communicate with their friends, family and business associates worldwide, FREE of charge. eCommLink, always looking for ways to bring additional value to cardholders and program managers, will also offer this innovative application in conjunction with its own Market Ready™ white label program..

"We're excited AllCom has selected us as a partner and look forward to growing with them as they expand their offerings," stated Ennio Ponzetto, CEO, eCommLink.

About eCommLink, Inc.

eCommLink, Inc. (www.ecommlink.com) enables program managers and financial institutions to maximize revenue from their prepaid debit programs.  The Company's flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market.  eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.

About AllCom

AllCom (www.allcom.com) integrates three powerful technologies – telecommunications, electronic banking and the internet - into one seamless service delivered through a proven distribution network.  Whether it's turning your cell phone into a virtual office or your prepaid debit card into a full service bank card, AllCom's services provide powerful value adds to consumers and a proven revenue stream for partners.  

SOURCE eCommLink

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