Softgate Systems Partners with Univision Communications Inc.® to Offer Univision MasterCard® Prepaid Card

Univision reaches unbanked and underbanked consumers to purchase and reload cards at Softgate Systems PayXchange locations

Aug 03, 2015, 09:00 ET from Softgate Systems, Inc.

FAIRFIELD, N.J., Aug. 3, 2015 /PRNewswire/ -- Softgate Systems, a leading provider of payment services for the cash-preferred community, today announced its partnership with Univision Communications Inc.®, the leading media company serving Hispanic America, through its Univision Financial Marketing Inc. division. Using the Softgate Systems retail payment platform, PayXchange, consumers can now purchase and reload the Univision MasterCard® Prepaid Card at any participating Softgate retail location.

"Offering the Univision MasterCard® Prepaid Card fulfills demand for a reloadable debit card product at our retail locations. Univision's brand equity and trust is unmatched among the Hispanic community, many of whom are our customers, and we couldn't be more delighted to enter this partnership," said Rick Auletta, CEO of Softgate.

The Univision MasterCard Prepaid Card expands Softgate Systems' suite of payment products available via PayXchange including domestic and international walk-in bill payment; prepaid wireless; prepaid long distance; and international top-ups.

"We are pleased to partner with Softgate to expand the distribution of the Univision MasterCard Prepaid Card. Softgate's large network of retail-based payment centers through the PayXchange platform allows us to provide more accessibility and enables easier use of the card by our Hispanic consumers," says Bob Harada, Vice President / Head of Prepaid Card Services at Univision Communications. 

The Univision MasterCard Prepaid Card offers consumers a culturally relevant, safe and cost-effective alternative to cash and low-balance checking accounts. The card reduces the inconvenience and costs related to cashing checks, prevents overdrafting and associated fees and enables consumers to better track and manage spending by providing them with the ability to monitor when and where they make purchases with their cards. The Univision MasterCard Prepaid Card can also be used anywhere Debit MasterCard is accepted, including online purchases and bill payment.

About Softgate Systems  
Softgate Systems, Inc., provides an open electronic exchange connecting product and service providers to cash-preferred consumers. Operating one of the largest networks of retail-based payment centers in the US, Softgate provides reliable walk-in bill payment, domestic and international prepaid wireless, prepaid long distance, international top-ups and international bill payments through their PayXchange service. Established in 1993, Softgate connects world-class service providers and consumers through over 12,000 retail locations nationwide – more than half of which operate as PayXchange payment centers. For more information, visit www.softgatesystems.com and www.payXchange.net.

SOURCE Softgate Systems, Inc.



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