TORONTO, ON and PLEASANTON, CA--(Marketwire - Nov 5, 2012) - Blackhawk Network (Canada) Ltd., a leading provider of prepaid and financial payments products for consumers and businesses, today announced that its PayPower reloadable Visa prepaid cards are now available at Safeway locations throughout Canada (excluding Saskatchewan) and online at www.paypower.ca.
PayPower offers cardholders a low-fee alternative to traditional credit cards. PayPower prepaid cards help consumers spend only what they load, without the worry of incurring hidden fees or interest charges. Whether for everyday use, budgeting, traveling or shopping online at your favorite retailer, PayPower is a safe and convenient way to spend.
"PayPower makes addressing everyday financial needs easier and less stressful, particularly for those without chequing accounts or credit cards," said Steve Dekker, Managing Director and Group Vice President of Blackhawk Network (Canada) Ltd. "PayPower prepaid cards are safer than cash, affordable and simple to understand. We are pleased to provide Canadians with the added-value, freedom and convenience that come with using PayPower prepaid cards."
"Blackhawk Network (Canada) Ltd.'s expertise and extensive partnerships within the retail community will be of great benefit to consumers, helping to facilitate their access to the benefits of reloadable Visa prepaid cards," said Sue Whitney, Head of New Products, Visa Canada.
PayPower prepaid cards, issued by All Trans Financial Services Credit Union Ltd. and program managed in Canada by Blackhawk Network (Canada) Ltd., are Visa-branded and can be used worldwide wherever Visa cards are accepted -- online, at ATMs, in-store and via telephone. Cardholders receive an instant-issued card and a complimentary personalized card without the need for a credit check. Numerous benefits include: free card-to-card transfers, complimentary online access that allows cardholders to track and monitor spending, and email alerts detailing card activity. Competitively priced, the PayPower prepaid card has a $5.95 purchase fee. It can be reloaded at the cardholder's convenience with a variable load PayPower Reload Pack, which is available for $3.95. With the Reload Pack, consumers can load any amount between $20 and $950, per reload.
PayPower may be available for purchase at additional retail locations in 2013. For more information, visit www.paypower.ca. Funds do not qualify for insurance by the Canadian Deposit Insurance Corporation or the Deposit Insurance Corporation of Ontario.
About Blackhawk Network (Canada) Ltd.
Blackhawk Network (Canada) Ltd. is a subsidiary of Blackhawk Network, Inc., which is a subsidiary of Safeway Inc. Blackhawk Network (Canada) Ltd. is a leading provider of prepaid and financial payments products for consumers and businesses. The company offers the industry's most popular prepaid gift card and telecom products from leading brands, and is available through a network of leading grocery stores, big box, convenience, pharmacy, and specialty stores. Blackhawk Network (Canada) Ltd.'s business solutions also include reward and incentive programs. For more information about Blackhawk Network (Canada) Ltd. visit www.blackhawknetwork.com.