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All Press Releases for May 19, 2007 Subscribe to this News Feed    
 

Ta'Facil Prepaid Card Products Help Unbanked U.S. Latino Population

"Traditionally, it has been difficult for the unbanked and credit-challenged to obtain plastic. The majority of domestic and international transactions were cash based and costly. Now, PIN-secure transactions are easy and cost efficient with the Ta'Facil Prepaid MasterCard® and Ta'Facil Maestro® Card products, issued by BankFirst, Sioux Falls, SD," says Julio Montenegro, CEO of Miami, Florida based, Ta'Facil Corp.

(PRWEB) May 19, 2007 -- "Traditionally, it has been difficult for the unbanked and credit-challenged to obtain plastic. The majority of domestic and international transactions were cash based and costly. Now, PIN-secure transactions are easy and cost efficient with the Ta'Facil Prepaid MasterCard® and Ta'Facil Maestro® Card products, issued by BankFirst, Sioux Falls, SD," says Julio Montenegro, CEO of Miami, Florida based, Ta'Facil Corp.

The Inter-American Development Bank projects cumulative remittances to Latin America and the Caribbean to reach US$500 billion from 2001 to 2010. Ta'Facil is tapping into this market now. For the unbanked, the Ta'Facil Prepaid Card products give the customer an opportunity to use a prepaid card instead of cash. The added benefits with electronic transactions include ease, security and lower costs.

Ta'Facil Prepaid Card products are easy to use and help with daily activities such as buying groceries, paying bills, direct deposit and completing card-to-card transactions in real time. By working with the loading networks Blackstone and EmpaSys, Ta'Facil Prepaid Card products can achieve greater visibility and therefore, increase exposure to the consumer. The Blackstone Touch-n-Buy red screen is widely recognized and respected in the prepaid card industry, as is the EmpaSys green Prepaid Debit Card Loads stop sign. Blackstone and EmpaSys offer more loading stations for Ta'Facil Prepaid Card cardholders. In addition, the Ta'Facil Prepaid Card products can be loaded using the Green Dot® Financial Network.

"Ta'Facil" in Spanish is synonymous with 'it's easy.' There is demand among the unbanked for prepaid cards" Montenegro says. "The answers to these needs are the Ta'Facil Prepaid MasterCard and Ta'Facil Maestro Card."

The Ta'Facil Cards are issued by BankFirst, Sioux Falls, SD, pursuant to a license from MasterCard International Incorporated. BankFirst; Member FDIC.

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Pam Petcash
Ta'Facil Corporation
(305)-477-3292
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