Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Arizona CU ATMs offer prepaid gift cards
PHOENIX and MESA, Ariz. (12/5/12)--Banner FCU in Phoenix and Better ATM Services, a technology provider in the ATM industry, Tuesday announced a partnership to provide an ATM-issued multibrand prepaid card, the myGIFT card.

The ATM-dispensed myGIFT One Card Many Choices Discover Prepaid Card allows consumers to shop at nationally recognized restaurant and retail stores including Macys, Lowe's, Outback Steakhouse, and Bonefish Grill. Cards are redeemable to buy goods and services at specific merchants that accept Discover cards.

During the pilot program, myGIFT cards will be available at walk-up Banner FCU ATMs at 11select Banner Health ATM locations throughout Arizona.

Technology-enabled ATMs, supplied and run by Express Teller Services for Banner FCU, will include a menu screen option offering consumers the prepaid card for purchase in addition to cash and other banking service options. The new ATM-dispensed card is made of a thin, durable material, allowing cards to easily pass through an ATM's cash mechanisms and works like any other prepaid card.

Early card sales will have an important impact on Arizona communities, said Better ATM Services. For every ATM-dispensed myGIFT Discover Prepaid card sold through March, fifty cents will be donated to Banner Health Foundation.

Earlier this year, three Arizona credit unions participated in a similar pilot program offering Visa's first ATM-dispensed gift cards. Credit Union West, Glendale; MariSol FCU, Phoenix; and Pinal County FCU, Casa Grande; began offering their members Visa gift cards at walk-up and drive-through ATMs (News Now Jan 12).


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
7 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
3 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
3 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
5 hours ago