Stash it...
By Dan Ilett
Published: 1 August 2006 16:10 GMT
Virgin Mobile USA is to launch a prepaid Visa debit card aimed at teenagers.
Card holders can build up free talk time by using the card - which is in partnership with processing company NetSpend - to make purchases.
The Virgin Mobile "Stash" card will be issued by Inter National Bank and will allow people to perform peer-to-peer money transfers and send wireless text-alerts to manage spending and guard against fraud.
Virgin said the card will be accepted anywhere Visa debit cards are accepted. Customers can load money onto their cards at partner retail locations, up to a maximum balance of $10,000.
In the UK, Visa is piloting contactless debit cards in London which will allow shoppers to pay for low-value goods by simply touching their card against an electronic reader.
Infrastructure Solutions Designer (ISD)based Knaresborough, North YorkshireSalary c40k + excellent benefitsTSYS is the world's largest international ...
Experience of business process mapping & design Experience of using Use Cases to structure analysis Experience of working on Payments industry ...
Some knowledge of Cardholder not Present credit/debit card payment processes and chargeback systems and processes Contribute to development of ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Nick Beecham and Belinda Doshi
No more tax breaks for offshoring?
Financial services firms must prepare now for 2010 legal changes
Tim Ferguson
On a new Voyager, tackling fraud and the intellectual challenge
Interview: Nationwide IT director, Peter Stafford
Nick Heath
David Lister on smart grids and why he left RBS
Interview: National Grid CIO
Andy Jones
Why banks will push ahead with offshoring
Comment: Even if they don't want to
Catherine Stagg-Macey
Legacy IT holding back insurers
Comment: Economic crisis means finance giants must step lively
Julian Goldsmith
The City fund manager with no IT department
Q&A: How asset management is embracing the cloud...