DataWave Systems, Inc. (OTCBB: DWVS), an established provider of prepaid and stored value delivery systems, today announced the launch of the first instant-issue prepaid MasterCard card program in Canada.
Consumers can purchase and reload the Nextwave TitaniumPlus Prepaid MasterCard cards at participating Money Mart Stores throughout the country. There's no credit check, cardholders don't need a bank account, and best of all, they don't have to wait for the card to be mailed to them as is the case with other Prepaid MasterCard programs. They just have to complete a registration form, providing proof of identification information such as name, address, phone number, date of birth and SIN number, and, once validated, they can walk out of the store with their card in hand.
"DataWave's ability to provide real-time activation of prepaid cards, together with our proven technology, which had already been successfully integrated with the Money Mart store software, was instrumental in us being able to offer their first instant-issue MasterCard card program in Canada." said Bill Turner, VP Business Development, DataWave. "We continue to be at the forefront of new service offerings in the prepaid and stored value markets."
The Nextwave TitaniumPlus Prepaid MasterCard card can be used to purchase goods and services from millions of locations worldwide where MasterCard is accepted. This includes Internet and mail-order purchases. In addition, cardholders can withdraw cash from ATMs displaying the Cirrus logo. As cardholders register with Money Mart, a Nextwave TitaniumPlus card personalized with their name will be mailed to them to replace the instant-issue card.
"Prepaid cards allow us to offer consumers more payment options and flexibility." commented Robert Pain, VP Card Services of HorizonPlus Card Services LLP, the agent for Peoples Trust, the Issuer of the Nextwave TitaniumPlus Prepaid MasterCard.
Ron Ingram, Director of Business Development at Money Mart, added, "Customer response to our new Nextwave TitaniumPlus Prepaid MasterCard has exceeded our expectations. We are very happy with the results of this product to date."