ST. LOUIS, Aug. 3 /PRNewswire/ -- Building on the momentum of its new ownership and brand, InteliSpend is expanding its extensive portfolio of reward solutions through a promising new relationship with Visa. The Universal Visa Prepaid Card gives InteliSpend's customers a versatile new offering for meeting their incentive, reward and promotional needs.
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"We are excited to announce our new relationship with Visa, one of the world's premier financial brands," said Darryl Hutson, chief executive officer. "The first phase of InteliSpend's arrangement with Visa allows us to offer more innovative options for our customers, giving them a variety of solutions for their unique business needs."
The Universal Visa Prepaid Card can be used at any of the 1.6 million ATMs and millions of retailers around the world where Visa debit cards are accepted. InteliSpend will further integrate Visa-branded products into the future portfolio of offerings.
"InteliSpend is very encouraged by the Visa arrangement," said Sheree Stewart, vice president of strategic partnerships. "As we look ahead we'll be able to broaden our solutions and capabilities—this is what evolving our client's currency is all about."
InteliSpend remains an independent issuer of prepaid products on the American Express network and also an authorized reseller of American Express®-branded prepaid products.
The Universal Visa Prepaid Card is issued by Metabank™ pursuant to a license from Visa U.S.A.
About InteliSpend Prepaid Solutions
InteliSpend Prepaid Solutions, an independent entity within Maritz Holdings, Inc., is an issuer and reseller of American Express-branded prepaid products and a program manager for Visa. InteliSpend provides businesses with prepaid solutions including stored-value 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 contact [email protected].
* DirectSpend is protected by U.S. Patents 5,689,100 and 5,956,695 and Canada Patent 2,215,969.
SOURCE InteliSpend Prepaid Solutions
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