Market Overview

Expense Visa® Prepaid Card Named Winner in Seventh Annual Paybefore Awards

Paybefore has chosen InteliSpend Prepaid Solutions'™ Expense Visa Prepaid Card as a 2013 Paybefore Awards winner in the Best Business-to-Business Prepaid Card Program category.

Fenton, MO (PRWEB) February 17, 2013

Paybefore has chosen InteliSpend Prepaid Solutions'™ Expense Visa Prepaid Card as a 2013 Paybefore Awards winner in the Best Business-to-Business Prepaid Card Program category. Paybefore Awards, now in its seventh year, is the most prestigious recognition of excellence in the worldwide prepaid and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for alternative payments executives.

“We are really excited about offering our clients a new option for managing their day-to-day expenses. The Expense Visa Prepaid Card puts them in control in situations where cash was generally the answer. More control in these situations drops right to the bottom line,” Jim Menadier, president, InteliSpend, commented.

The Expense Visa Prepaid Card was selected by a panel of five industry experts who served as judges for this year's competition, which—once again—included a record number of entries from around the world.

“Paybefore Awards were created to honor the companies and individuals that are at the forefront of innovation as well as successful market implementation across the globe,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel.

“It's a dynamic time in electronic payments as companies like InteliSpend, MetaBank™ and Visa Inc. continue to innovate to solve payments problems,” she continued. “We are proud to recognize their contributions to advancing the prepaid and emerging payments industry.”

“As the world changes, so do the payment and money management needs of individuals, businesses and government agencies,” added Marilyn Bochicchio, Paybefore's CEO. “Paybefore Awards recognizes the organizations that use financial services to make people's lives better, which is why it is so exciting for us to honor those who champion innovation and excellence.”

The Expense Visa Prepaid Card can take over when a corporate card is too much of a commitment and cash gives up control. The card carries limited funds, doesn't require a credit application, tracks spending, and allows for recovery of unused funds. Utilizing the patented DirectSpend® process, companies can prohibit spending by industry type or merchant.

The Expense Visa Prepaid Card now will vie for Best in Category distinction, which will be announced during the Paybefore Awards ceremony on March 4 at the Prepaid Expo (http://www.prepaidexpousa.com). And for the first time in Paybefore Awards history, visitors to Paybefore.com will have a chance to vote on Best in Category. The outcome of this vote (counted as one-sixth of the total) will be combined with the five judges' picks to determine Best in Category honorees.

Expense Visa Prepaid Card is issued by MetaBank™, Member FDIC, pursuant to a license from Visa U.S.A. Inc.

About InteliSpend: InteliSpend Prepaid Solutions, LLC, an independent entity within Maritz Holdings, Inc., is an issuer of Discover®-branded prepaid products, a reseller of American Express®-branded prepaid products and a program manager for MasterCard and Visa. InteliSpend provides businesses with prepaid solutions, including prepaid cards, online reward management technology, and program management. Its products address a broad array of applications, such as employee reward and recognition, sales incentives, expense management, and consumer promotions. InteliSpend is headquartered in Fenton, MO, and is a licensee of U.S. Patents 5,689,100 and 5,956,695 and Canadian Patent 2,215,969.

About MetaBank: MetaBank is a federally-chartered savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc.® is the holding company for MetaBank and its Meta Payment Systems® (MPS) division, based in Sioux Falls, South Dakota. MPS is a recognized leader in the prepaid card industry and provides innovative payment solutions delivered nationally in collaboration with market-leading partners. MPS focuses on offering specific product solutions in the following areas: (i) prepaid cards, (ii) credit products, (iii) ATM sponsorship, and (iv) ACH origination. Meta Financial Group is traded on the NASDAQ Global Market®: CASH. For more information, visit http://www.metabank.com.

About Paybefore: Paybefore is the leading information provider to prepaid and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore's family of industry publications includes: Paybefore.com; Paybefore News; Paybefore Mobile™; Paybefore News International™; Paybefore Update™; Paybefore Legal™; Paybefore Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and emerging payment industry; and the only industry directory, Paybefore Buyer's Guide Connections™, available online and in print. Visit us at http://www.paybefore.com.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/2/prweb10437215.htm

 

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