Consumer Payment Card News

Prepaid MasterCard

ExxonMobil will soon be offering a prepaid MasterCard that can be loaded with up to $5,000. The card also features free “Direct Deposit,” free “Anytime Alerts” with balance and transaction details sent to a cardholder’s e-mail or cell phone. ExxonMobil, along with TIO Networks and NetSpend have launched the “TIO Prepaid MasterCard” at participating Exxon and Mobil convenience store locations. Consumers will be able to use TIO’s automated self-serve kiosks to instantly activate the card and load it with funds. Cardholders can load funds onto their “TIO Prepaid MasterCard” at NetSpend authorized reload locations across the country and maintain up to a $5,000 balance. TIO will support cardholders with a dedicated online portal. The card is issued by MetaBank. For more information visit: “http://www.thetiocard.com”:http://www.thetiocard.com.

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