Stored-value cards are becoming a new industry

Stored-value cards are becoming a new industry
Tags: C-stores, Card Readers, Cash accepters & dispensers, Foodservice, Kiosks & mini kiosks, Self check-out systems, Specialty Stores
July 27, 2005

ePaynews: Stored-value cards give banks and retailers opportunities to convert paper-based payments to electronic transactions and to benefit from the cost efficiencies, according to Celent Communications. A new Celent report outlines how card issuers can use stored-value cards to target different segments of the payment market that until now were cash-intensive.