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Cash-X is one of the leaders in
implementation of Stored Value Card technology. The Stored Value
Card industry is booming throughout the United States. Customers who
utilized cheque cashing establishments now receive a payroll card
(stored value card) with their paycheck loaded onto it. This trend
is more wide spread in the United States since over 30 million
individuals (15 million households) do not have bank accounts.
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stored value cards svc.pdf
This means the beginning of on-site check cashing and a multitude of
other uses for stored value cards. Cash-X provides stored value
cards as a means of generating revenue for our partners. On-Site
check cashing, Call Center and E-Portal lending as well as money
transfer are just a few of the additional services that utilize
Stored value cards. Our software integrates with Stored value Cards
for efficiency and reporting.
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