SAUSALITO, Calif., Oct. 25, 2011 /PRNewswire/ — The Tyburn Group Inc., a leading provider of prepaid card products and services, announced the availability of the FlexBlue Payroll MasterCard® card. FlexBlue is a flexible prepaid payroll card created for employers and designed for employees. With FlexBlue, employee payroll checks are deposited directly onto their FlexBlue card and all cardholder funds are insured by the FDIC in accordance with the FDIC’s applicable terms and conditions. The cards can be used everywhere MasterCard prepaid cards are accepted, enabling cardholders immediate access to funds for shopping, bill paying or cash withdrawals from ATMs worldwide.
“The FlexBlue card has the security and consumer protection features that have historically only been available to employees opening an account at the nearest branch office of a traditional financial institution,” said Chris Haigh, president of The Tyburn Group Inc. “Since the Durbin Amendment is set to start limiting many of the fees that traditional banks can charge consumers, it is very likely that large institutional banks will start to charge customers a fee for using their prepaid cards. FlexBlue, which charges no monthly fee for payroll-connected prepaid cards, offers a very viable alternative to a traditional checking account with a linked debit card. In a challenging economy where consumers are watching every penny, we can offer unprecedented value, financial control and other valuable benefits.”
For employers, FlexBlue benefits include eliminating paper checks, reducing payroll costs and saving time in issuing employee paychecks and expenses. For employees, there is no credit application, no check cashing fees, and no lost time from work spent cashing checks. Employees may use any mobile phone for secure sharing of money card-to-card with friends and family cardholders, checking card balances, and paying bills. Cardholders may also go online to shop, set repetitive bill paying, share money and check card balances.
FlexBlue cardholders are automatically enrolled at no charge in the WellCard Health Discount Plan which offers pre-negotiated health care discounts of up to 80 percent on a wide range of health services for members and their families. The WellCard Health network includes more than 410,000 physicians, 45,000 ancillary provider locations and more than 59,000 pharmacies nationwide that offer discounts to FlexBlue card holders. More information can be found at: http://www.flexblue.com/index.php?c=additional_wellcard
FlexBlue card holders can also collect reward points tied to purchases made with the card through an innovative program offered by ScoreCard Rewards. ScoreCard Reward points can be redeemed at www.scorecardrewards.com for more than 1,000 gifts and gadgets, air travel, cruises and vacation packages.
About The Tyburn Group
The Tyburn Group Inc. is a leading provider of prepaid card products and services. Tyburn has banking relationships and processor services to deliver prepaid cards and related services for virtually any organization, business or industry. Tyburn’s FlexBlue™ Payroll MasterCard® card provides value-added benefits and cardholder fees that lead the prepaid card industry. The Tyburn Group provides branded custom card programs for a wide variety of customers and vertical markets. Tyburn provides IVR and live US-based bilingual customer care for all their cardholders. Tyburn is based in Sausalito, Calif., with regional sales offices across North America.
The Tyburn Group Inc. Prepaid MasterCard® card is issued by First California Bank pursuant to a license by MasterCard International Incorporated. The Tyburn Group Inc. is a Member Service Provider of First California Bank. MasterCard and the MasterCard Brand marks are registered trademarks of MasterCard International Incorporated.
For more information visit: www.tyburngroup.com.
For information on our card programs visit: http://tyburngroup.com/products_prepaid.htm
Follow Tyburn on Facebook and Twitter: “TyburnGroup”
SOURCE The Tyburn Group Inc.
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