Online payments provider SafePay Solutions has announced the launch of its own SafePay-branded prepaid Visa card for all US-based SafePay members, and a bank-issued PIN-based debit card for international members.
SafePay members will be able to use the SafePay Prepaid Visa Card to shop at millions of locations worldwide, for purchases made in stores, online, or by phone.
With either card, SafePay members can also access cash at over one million ATMs worldwide.
The company said that its members can easily acquire debit cards since there are no credit checks or applications required. Another principal feature of the SafePay PrePaid Debit Cards is that members can transfer funds in real time directly from their SafePay accounts.
The firm also said that it believes these cards can be the e-cash of the future, as SafePay members simply load money to their cards from their SafePay accounts and shop without having to carry cash or checks, while having access to millions of retailers and ATMs worldwide.
SafePay also revealed that it is currently tabulating its August 2006 revenues and anticipates that the numbers will be equal to, or greater than, the revenues from July 2006.