WASHINGTON, Oct. 12 /PRNewswire/ -- No credit card? No bank account? No
problem! Through a powerful combination of technology and innovation,
MiCash and Financing Alternatives, Inc. (FAI) are providing America's
credit- challenged consumers access to financial services previously
FAI today announced that it has partnered with MiCash Inc. to offer the
MiCash Visa Prepaid Debit Card to its new and existing customers.
For over eight years, FAI has provided unique financing solutions to
consumers all across the United States who have blemished or un-established
credit. "We plan to offer the MiCash Visa Prepaid Debit Card to the growing
number of credit challenged consumers who call us every day. Until now,
some of these individuals could not take advantage of our innovative
lay-away programs," said Michael Shrader, President and Chief Operating
Officer of FAI.
MiCash provides multi-purpose, prepaid debit cards that afford
consumers the triple-benefit of general purpose re-loadability, remittance
capability and discounted telephony all on one card. "This partnership
further exhibits MiCash's commitment to providing quality products to
individuals and families regardless of credit history," stated Javier
Palomarez, Chief Marketing Officer of MiCash. "Combining quality service,
innovative products and expanded access through the MiCash-FAI partnership
is a winning combination for both the consumer and our respective
companies," Palomarez added.
Consumers can use MiCash Visa Prepaid Debit Cards at millions of
merchants worldwide, anywhere that Visa debit cards are accepted. In
addition, the cards extend valuable protection from fraudulent or
unauthorized transactions if the cards are lost or stolen as the Federal
Deposit Insurance Corporation (FDIC) insures all funds loaded onto the
For more details on Financing Alternatives Inc.'s innovative financing
solutions please visit http://www.myfai.com or call 1-888-309-9678.
For more details on MiCash prepaid products, visit
http://www.micashcard.com or call 202-338-7474.
About Financing Alternatives, Inc.
Located in Chesapeake, Virginia, Financing Alternatives offers
consumers an affordable way to finance quality products including
computers, projectors and other high-ticket price technology items, without
a credit or employment check. Our customers establish credit directly with
us by making three months worth of on-time payments, after which we ship
their product directly from the manufacturer to their home. Anyone who is
over the age of 18 has an active checking or savings account and a
telephone number is eligible for our program.
About MiCash Corporation
MiCash Corporation is the pioneer and leading provider of prepaid debit
cards with remittance capability for America's underserved markets. The
MiCash platform offers a comprehensive approach that is unique in the
prepaid services industry. MiCash prepaid card products can be reloaded at
over 25,000 retail locations in the US, and are accepted by millions of
merchants worldwide. MiCash's partnerships include agency agreements with
the leading companies serving the un-banked and under-banked markets, as
well as strategic relationships with Visa and MasterCard, Electronic Funds
Transfer (EFT) networks and payment card associations. For more
information, visit http://www.micashcard.com
SOURCE MiCash Corporation