Consider it training wheels for credit card
The UPside prepaid debit card targets teens who "need something between cash from mom and dad and a credit card."
NEW YORK - A New York-based company Wednesday launched a prepaid card that teenagers can use for both in-store and online purchases.
The UPside card, which will carry a Visa logo, was developed by Plastyc Inc., a privately held firm. The company's chief executive, Patrice Peyret, who had been involved in the development of the Mobile 365 messaging service, said the new card is aimed at young people age 13 to 22.
"It's our belief that they need something between cash from mom and dad and a credit card," Peyret said.
NEW YORK - A New York-based company Wednesday launched a prepaid card that teenagers can use for both in-store and online purchases.
The UPside card, which will carry a Visa logo, was developed by Plastyc Inc., a privately held firm. The company's chief executive, Patrice Peyret, who had been involved in the development of the Mobile 365 messaging service, said the new card is aimed at young people age 13 to 22.
"It's our belief that they need something between cash from mom and dad and a credit card," Peyret said.
Read more at: Consider it training wheels for credit card
posted by e-borneo.com @ 5:26 PM
0 Comments:
Post a Comment
<< Home