Palm Desert National Bank offers prepaid MasterCard self-service kiosk with Ready Credit

Source: Ready Credit

Ready Credit Corporation (OTC: RCTC.PK) and Palm Desert National Bank today announced the launch of a self-service kiosk (ReadySTATION) that issues a prepaid MasterCard card.

This new technology allows consumers to purchase a ReadyCARD Prepaid MasterCard (ReadyCARD) that is activated and ready to use immediately. The ReadySTATION also allows consumers to reload Personalized ReadyCARDs and check their card balances for free. ReadySTATION and ReadyCARD provide consumers with an easier and more convenient way to acquire and use a prepaid MasterCard card. Merchants can now provide enhanced financial services to their clients through this easy to use, self-service technology.

"Together, the ReadySTATION and ReadyCARD deliver the most convenient and easy-to-use prepaid card solution to consumers and retail locations. In less than one minute a customer can acquire a ReadyCARD, allowing the accessibility of MasterCard to all consumers," said Tim J. Walsh, President and CEO of Ready Credit Corporation. "Our goal was to provide an instant, anonymous MasterCard from a self service kiosk and to allow consumers to easily reload their cards and check their card balances in locations where they live, shop and work."

"Our many years of experience in the prepaid card market have made us aware of the need and demand for a powerful and easy to use self service technology solution. As the issuing bank for the ReadyCARD Prepaid MasterCard, we are pleased to be working with Ready Credit Corporation and MasterCard in bringing this innovative product solution to consumers," said Jim Tingey, Senior Vice President, Palm Desert National Bank.

Ready Credit has started deploying ReadySTATIONs in Minneapolis, MN and El Paso, TX and anticipates a nationwide deployment beginning in the fourth quarter of 2006.

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