TUPELO — BancorpSouth Inc. has launched the BancorpSouth Prepaid Card program designed to serve as an alternative to traditional checking accounts.
“The Prepaid Card program puts customers in control of their funds, and having no minimum balance or overdraft fees make the cards ideal for budgeting, travel and students,” said Derek Caswell , BancorpSouth first vice president, retail banking. “The program also allows customers that cannot get approved for a checking account to establish a relationship with the bank.”
The program is designed around a prepaid MasterCard debit card.
The BancorpSouth pre-paid card program is offered through The Community Bank Prepaid Program launched in 2010 by ABA Business Solutions, a subsidiary of the American Bankers Association, with partners MasterCard Worldwide and TransCard.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info