Provident Finance company N&N today launched its JustCash prepaid card service offering a replacement for cash in their cheque cashing service. Under their partnership with firstprepay.
N&N’s customers are issued an aspirational Maestro® prepaid debit card in the branch and over the counter. The instant issuance process is the first of its type in the UK and gives customers immediate access to their funds at ATMs’ or for use at points of sale nationwide.
The cards issued don’t carry the cardholders name, customers can however upgrade their product to a fully personalised card. Dave Wild, firstprepay’s CTO commented, “The prepaid card reduces the cost of cash for N&N and reduces the risk of fraud and theft. It also allows the loyal N&N customer to easily cash cheques in the future, so developing that loyalty”.