TORONTO, ONTARIO - (Marketwire - Feb. 9, 2010) - SelectCore Ltd. (TSX VENTURE:SCG), a provider of prepaid telecom and prepaid financial services, is pleased to announce the launch of Iridium MasterCard - Canada's first prepaid reloadable card sold to consumers through retail locations.
The Iridium Card is sold for only $3.99 and can be used instantly. There is no credit check or bank account required and the card can be reloaded over and over again up to a $5,000 balance. The Iridium MasterCard is accepted at over 28.5 million locations worldwide and online. Cardholders have complete control of their funds with online account access, text message alerts, bill pay, money transfers, ATM access and more. Customers can even have their paycheck deposited directly to their card on payday.
"The Iridium Card is a bank for the un-banked" said Keith McKenzie, CEO of SelectCore "from direct deposit to bill payments, ATM access and more, its just like having a checking account".
The program will be rolled out to over 4,000 retail partner locations across Canada this year, creating the nation's largest reload network for prepaid cards. SelectCore's proprietary processing platform and POS terminals deployed at these locations allow the cards to be activated and reloaded in real-time.
To read the complete release at NewsBlaze,
SelectCore Launches Iridium MasterCard; Canada's First Reloadable Prepaid Card Sold at Retail,
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