MARLBOROUGH, Mass., Jan. 11, 2005 (PRIMEZONE) -- Cyphermint, Inc., a leading provider of global electronic payment solutions, announced today that it will partner with AmeriDollars, America's Reward & Charity Network to extend additional benefits to PayCash NOW card customers.
Under this agreement, PayCash NOW(TM) Visa(R) Debit cardholders will be able to shop online at participating merchants in the AmeriDollars network and receive cash rebates. AmeriDollars, America's Reward & Charity Network (www.ameridollars.com), is a consumer reward program unlike any that currently exists in the marketplace. Consumers who join AmeriDollars receive cash rebates for purchases made at hundreds of participating online merchants. Consumers then have the option of donating their rebates to one of several national charities or they can reward themselves.
The PayCash NOW Visa(R) Debit Card is Cyphermint's prepaid debit card. Issued by BANKFIRST, the PayCash NOW Visa Card is reloadable and can be used everywhere Visa debit cards are accepted - at millions of brick-and-mortar and online merchants worldwide. The PayCash NOW Card provides access to funds through the Visa(R)/Cirrus(R) ATM networks. This innovative card will also provide unbanked and underbanked consumers with enhanced ATM capabilities, including PIN security (personal identification number), as well as the option for direct payroll deposit.
"We are continually looking to improve our NOW Card benefits for our customers," said St.Jones(R) VP of Marketing at Cyphermint. "We are eager to participate in this alliance with AmeriDollars and are excited at the prospect of helping our customers earn cash back when shopping at the PayCash Mall www.paycashmall.com with the NOW Card. AmeriDollar's option to donate to charity is an incentive we are pleased to support as well."
About AmeriDollars
AmeriDollars, America's Reward & Charity Network, was founded by David Goldin, a native New Yorker who sold his first company at age 26 to a publicly traded telecommunications conglomerate and a former vice president of Winstar. After the devastation of 9/11, Goldin was looking for a unique way to stimulate economic growth and make a difference in our society. His vision, AmeriDollars, is unique in its ability to help facilitate much-needed charity fundraising while making it easy for consumers and affordable for retailers. AmeriDollars' innovative use of the Internet is an effective, private and secure fundraising tool that provides consumers with the option of having their AmeriDollar cash rebates donated directly to the charity of their choice. For more information visit www.ameridollars.com.
About Cyphermint
Headquartered in Marlborough, Mass., Cyphermint is a provider of Global Electronic Cash Payment and e-commerce infrastructure/integration solutions. Our core technology, PayCash(tm) is used in three major areas: (1) Internet Cash Payment Systems, for B2C e-commerce via the Cyphermint PayCash System, (2) Kiosk Solutions - delivering Web-enabled self-service B2C merchandising systems, and (3) The PayCash NOW Visa Card. Cyphermint's Kiosk Integration Division provides solutions to online retailers enabling full integration with kiosk networks and also sets up existing kiosk networks with eCommerce capabilities. Cyphermint's core technology, the PayCash System provides businesses complete turnkey solutions. For additional information about Cyphermint, please contact Kenneth Stempler, VP of Sales at 508-787-4811 or email sales@cyphermint.com or visit Cyphermint at www.cyphermint.com.
About BANKFIRST
BANKFIRST is a privately held financial services company with employees across operations in South Dakota, Minnesota, and Arizona. The company provides customers nationwide with deposit accounts and credit card products with premium benefits and features under the Action Card brand. The company also offers ATM sponsorships, and stored value, or prepaid cards such as gift cards, payroll cards, promotional cards, flexible spending account cards, and debt management cards to name a few. For more information, please visit www.bankfirstcorp.com.
The Cyphermint Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1232