New PDNB kiosk dispenses prepaid credit cards

MINNEAPOLIS — Ready Credit Corp. and Palm Desert National Bank announced the launch of a self-service kiosk, ReadySTATION, that issues a prepaid MasterCard card. This new technology allows consumers to purchase a ReadyCARD Prepaid MasterCard that is activated and ready to use immediately. The ReadySTATION also allows consumers to reload personalized ReadyCARDs and check their card balances for free.

"Our many years of experience in the prepaid card market have made us aware of the need and demand for a powerful and easy-to-use self service technology solution," said Jim Tingey, senior vice president of administration, PDNB's Electronic Banking division. "As the issuing bank for the ReadyCARD Prepaid MasterCard, we are pleased to be working with Ready Credit Corporation and MasterCard in bringing this innovative product solution to consumers."

Ready Credit has started deploying ReadySTATIONs in Minneapolis, Minn., and El Paso, Texas, and anticipates a nationwide deployment beginning in the fourth quarter of 2006.