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GIFT CARD PROGRAM DESCRIPTION
PRODUCT
OPTIONS
- MasterCard®
and/or PIN-only Instant Issue Gift Cards – can be issued onsite
- Mailed
MasterCard – in the name of the buyer or seller
All Cards are
MoneyPass branded, which means Surcharge-free ATM access at MoneyPass branded
ATMs.
CARD DESIGN OPTIONS:
CARD DENOMINATIONS
Can be issued
in any denomination up to $500. No fixed denominations.
CARD ACTIVATION
- Ease of
activation via GenpassConnect (Genpass will provide training)
- Financial
Institution funds the cards using a Funding Account (funded via ACH or payroll
direct deposit)
- Financial
Institution determines card cost to consumer (may mark-up card costs above)
- Buyer pays
using whatever payment method Financial Institution accepts
CARDHOLDER
FEES
| Service |
Fee
|
Items Covered
|
Free Services
|
$0
|
Purchases
and cash-back at point of sale, Internet statements/balance inquiries/transaction
inquiries, customer service
|
Electronic
transactions
|
$.50
|
ATM Inquiries
and declines
|
Monthly
fee
|
$2.50
|
Card
administration and maintenance (waived 1st 12 months)
|
ATM withdrawals
|
$1.50
|
Domestic
ATM withdrawals
|
Live operator
support
|
$2.00
|
Balance
inquiries and transfers
|
Optional
transactions
|
$4.00
|
International
withdrawals, branch cash advances, replacement cards
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