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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).


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