ECommLink inks Allow Card processing deal

Source: eCommLink

ECommLink Inc. today announced that the company has been selected to process transactions generated by the Allow Card Prepaid MasterCard.

Designed to teach financial accountability to America's youth, the Allow Card Prepaid MasterCard is part of a larger Allow Card of America Inc. system featuring online parental controls and tools, as well as financial lessons for parents and children. The partnership with Allow Card of America will permit eCommLink to capture, store and submit financial information to the appropriate institutions within the Allow Card Prepaid MasterCard network, providing seamless and secure bank transactions for card holders.

"We recognize that the Allow Card Prepaid MasterCard is an important tool to encourage financial responsibility and accountability," said eCommLink CEO Derek LaFavor. "Allow Card of America offers a unique program, and we are enthused to provide enterprise payment processing technology to give card holders more capabilities."

"We researched several different processing options and chose eCommLink because it was built on a banking platform," said Marla Beans, CEO, Allow Card of America. "With eCommLink we are able to enhance our parental controls and features such as limiting transactions, merchants and amounts spent per card holder on a given day, week or month, ultimately, giving parents the power to set budgets and increase the financial accountability and responsibility of their children."

The Allow Card Prepaid MasterCard offers 35 parental controls and features including the ability to:

  • Enable or disable card usage
  • Enable or disable individual Merchant Category CodesM
  • Set the amount of funds spent and/or number of transactions daily, weekly or monthly
  • View card account balances and transaction history
  • Direct deposit paychecks and view pay stub history

"The Allow Card Prepaid MasterCard lets my children use their allowance to make purchases at school, area malls and local businesses," said Tom Ginter, parent and Allow Card Prepaid MasterCard user. "I have recognized a significant savings by using the Allow Card Prepaid MasterCard, since I am more able to track the amount of money given to my children and how that money is being spent."

The personalized Allow Card Prepaid MasterCard is accepted at all locations that accept MasterCard debit.

Comments: (0)