Reduced Production and Distribution of Paper Checks Will Have Significant Financial and Environmental Impact

UAE (www.AllPayNews.com [11]) - E-Monee issued the first 11,000 payroll cards, in part of the 50,000 payroll cards that are to be issued under a recently executed contract in the UAE.

Card Express International (CardEx), a full service prepaid debit card provider for multi-national corporations, financial institutions, resellers and program manager announced a major business expans

Africards, Issued by Banque du Burkina Internationale in Ouagadougou, Burkina Faso, Is One of the First Visa Prepaid Cards in West Africa in CFA (Local) Currency Denominations

LOS ANGELES, CA--(www.AllPayNews.com [23] - August 30, 2007) - PSPP Holdings, Inc. (OTCBB: PSPJ), a financial services company that is establishing an international banking network to facilitate electronic remittance, mobile banking, e-benefits, and stored value and pre-paid card solutions, announced today that the company begins live testing today of the Africard Prepaid Visa Card. The announcement was made today by PSPP Holdings' Chairman, Larry Wilcox.

Postilion, a division of S1 Corporation and a leading global provider of integrated solutions for self-service banking and payment processing, has entered into a marketing agreement with Central National Bank of Enid (CNB), an Oklahoma-based community financial institution, to offer prepaid card programs to help community financial institutions tap into the growing stored value card market.

RIVERWOODS, Ill. --(www.AllPayNews.com [33])-- Discover Financial Services, a business unit of Morgan Stanley (NYSE:MS), announced an agreement with First Data Corp. (NYSE:FDC), to issue Discover Network payroll cards provided by Money Network Financial, LLC, a First Data Company. Money Network will issue Discover Network branded payroll cards and handle card administration.

Agreement Expected to Increase Annual Revenues by $2.9 Million

SAN DIEGO, CA -- (www.AllPayNews.com [38]) -- May 22, 2007 -- Global Pay Solutions Incorporated (PINKSHEETS: GPSI) announced today that it has reached an agreement with the LIGA Municipal Dominicana (LMD) to provide payroll cards to up to 70,000 municipal workers of the Dominican Republic. This agreement will provide the Company with initial revenues estimated at $400,000 from the purchase of the cards by LMD. Based on the Center for Financial Services Innovation, February 2007 research study of cardholder spending on prepaid cards, the company expects to receive card service transaction fees of approximately $3.00 per card each month or estimated annual transaction revenue of $2,520,000.

ADP to Market Visa Payroll Cards to Its Clients as More Employers Explore Convenience and Cost Savings of Prepaid Cards over Checks

SAN FRANCISCO--(www.AllPayNews.com [43])--Visa USA today announced a five-year agreement with ADP® Employer Services, a division of Automatic Data Processing, Inc. (NYSE: ADP), to offer Visa-branded payroll cards to its clients. The agreement reflects the two industry leaders’ commitment to grow prepaid card solutions that offer convenience and cost savings for businesses and their employees. The Visa branded ADP Total Pay card is issued by a number of Visa member financial institutions.

Launched with No Fees to Employers
BRADENTON, Fla.--(www.AllPayNews.com [48])--nFinanSe Inc. (OTCBB: NFSE), today launched its new line of nFinanSe™ Discover® Network Payroll Cards. The new nFinanSe Payroll Card can be used to eliminate payroll and administrative costs from the issuance of paychecks, increase employee productivity and raise employee morale. All of these important benefits are produced with no fees to the employer.

FORT LAUDERDALE, Fla.--(www.AllPayNews.com [54])--E-monee.com, Inc. (E-monee) (Pink Sheets:EMNC) is pleased to announce that it has secured its first account in the Middle East. Following the company’s establishment in Dubai to manage the Payroll and Electronic Payment Solutions for the Middle and Far East Region, E-Monee has signed a Payroll Agreement with Telcon International Marine Engineering Services L.L.C. (Telcon International).

Transcard Name to Reflect the Momentum in the International Transaction and Pre-Paid Card Business

CHATTANOOGA, Tenn.--(www.AllPayNews.com [59])--Innovative Processing Solutions (IPS) consolidates separate card products under a single Transcard brand.

Payroll Cards Join iDeposit(TM), Rewards Debit Cards and Gift Cards in the Company's Innovative 2006 Product Offerings

LAKE OSWEGO, Ore., Nov. 13 (www.AllPayNews.com [64]) -- (Nasdaq: WCBO - News) As a service to commercial clients, West Coast Bank is now offering a Visa-branded Payroll Card Program to facilitate electronic payroll processing for employees that may not have a bank account. The Program utilizes existing direct-deposit processes and employees do not have to meet the criteria for those opening a traditional bank account.

The U.S. Federal Reserve on Thursday approved a final rule that would put payroll cards under the same regulations as other electronic payments such as debit and credit cards. Under the rule, payroll cards would be subject to Regulation E, which implements the Electronic Fund Transfer Act. So-called payroll cards give companies a way to pay wages electronically without requiring workers to have a bank account that can receive direct deposits. The Fed noted that payroll cards have become increasingly popular with some employers and payroll service providers. The final rule is effective July 1, 2007.

NEW YORK--(BUSINESS WIRE)--April 25, 2006--The Bank of New York, a global leader in treasury management services, today announced the launch of its MasterCard(R) branded, stored-value payroll card. The card allows employers to reduce processing costs and boost employee benefits by replacing paper paychecks with payroll cards. The payroll card enables employees with direct-deposit to automatically channel all or a portion of their pay to a card while providing employees without checking accounts access to their funds.

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--March 1, 2006--Ecount (www.ecount.com [78]), the stored value experts, announced today that payroll debit cards are as popular with banked employees as unbanked employees. The survey information was gathered from a random sample of more than 2,000 Ecount cardholders. This is great news for companies considering the implementation of a payroll card program, because it clearly establishes payroll cards as a desired benefit for employees within all demographics.