One World Ventures determined one of its principal markets for 1World Card

June 24, 2009 - 3:51pm | News | Plastic cards |
| More
  
One World Ventures determined one of its principal markets for 1World Card

One World Ventures, Inc., a holding investment company, announces that one of the principal markets for 1World Card ATM/ Debit Card products and services will be customers that need a payment solution for payroll or sales compensation. 1World Card is now branching out to provide its services to reach the global financial market. The 1World Card ATM Card is a true bank issued, PIN-based ATM/Debit card accessible globally in over 140 countries at millions of locations. Among the benefits there are: the qualifying process for the card is not necessary, as the money available on the card belongs to the cardholder; no credit checks or applications are required to acquire the card; effective managing the expenditures, as only the amount loaded on the card is available for purchases or cash withdrawals - thus, no credit fees, overdraft charges, late fee, or interest charges are ever added; the cardholder has access to only the amount of money stored on the card. For the individuals who have no secure way to store and carry money or to pay electronically the 1World Card provides a powerful solution. Since the card creates an effective non-risk to the issuer, the cards can be made available without credit or income qualification to everyone through employers and retailers. Stephen Prior, CEO of One World Ventures, said: "We are very pleased to be able to offer our services to the unbanked and underserved. This is a validation of our common strategy which, from its inception, focused on the millions of good people in the unbanked and underserved market."




RSS feed Subscribe to Ecommerce Journal RSS feed

0 points

   Tell us what topics you want to be covered in the Ecommerce Journal?  
Image CAPTCHA
  


Comments on One World Ventures determined one of its principal markets for 1World Card




Similar Articles on Ecommerce Journal by sections

FIGURES
PAYMENT SYSTEMS
BANKS
PLASTIC CARDS
ECOMMERCE-CHECKED
INVESTMENT INDUSTRY
FRAUD
ANALYTICS
OTHER THEMES
INTERVIEWS
LAW ASPECTS