03:39 PM
Connect Directly

STAR Network to Enable Prepaid Reload

Electronic commerce and payments processor First Data (Atlanta) announced that its STAR Network is the first electronic funds transfer network (EFT) to launch load and reload support for STAR-branded general purpose prepaid cards.

General purpose prepaid cards work like debit cards to allow cardholders to make purchases, pay bills or withdraw cash at millions of locations. The STAR Network has supported general purpose prepaid programs with PIN-secured ATM and POS transactions, and with its biller-direct payment service for many years.

Now, the STAR Network is using patent pending technology to complete the infrastructure to enable load and reload functionality at participating ATM and POS locations. This includes functions for activation, load/reload and split tender purchases with PIN-security. The new STAR RELOAD service icon denoting load/reload card capabilities will be displayed with the STAR brand on participating cards, merchant point-of-sale and ATM locations.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.