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Payment Card Solutions (UK) Ltd

29th February 2008

Press release

BREAD is highly recommended - yet again

The award winning BREAD Prepaid Maestroยฎ Card (www.breadcard.com) has just received a โ€˜highly recommendedโ€™ rating by comparison website whichwaytopay.com (www.whichwaytopay.com).

Oliver Edis, Director of Whichwaytopay.com commented โ€œWe were particularly impressed with the BREAD Card, the application process is extremely user friendly, and costs are generally low. We compared BREAD against other prepaid cards, and looked at various spending and loading scenarios in order to assess its competitiveness. We also felt that aspects such as being able to pay for the card by SMS, the fact that there are no monthly fees and the recently launched BREAD CASHBACK site (www.breadcashback.com), stood the BREAD Card out from the crowdโ€.

The BREAD Card is a new breed of payment card. Unlike conventional credit cards, which provide you with a line of credit, or debit cards that are linked to a bank account with an overdraft facility, the BREAD Card is a โ€˜pay-as-you-goโ€™ card that you load with cash or have your wages transferred. When applying for a BREAD Card there are also no credit checks.

Tim Day, Marketing Director of BREAD commented โ€œWe are flattered to receive yet another positive review from an independent comparison website and equally impressed with the thoroughness in the way whichwaytopay.com reviewed BREADโ€.

Editorial note

The BREAD Card costs ยฃ10 and there is no monthly fee.

The card can be loaded with cash at any PayPointยฎ outlet (there are over 16,000 PayPointยฎ locations across the UK) and there is a fee of 3% per load. Loading via bank transfer/BACS/ wages transfer costs 0.25p per transaction. A transaction fee of 2% applies to purchases and a fee of ยฃ1.50 for ATM withdrawal. There is also a flat rate charge of ยฃ1.50 to share money from a primary BREAD Card to a secondary BREAD Card, which means that BREAD is a very cost effective method of sending money to friends and family both home and abroad. (For further explanation of โ€˜card to cardโ€™ money share please refer to website www.breadcard.com).

Other fees, terms & conditions apply. For more details please refer to www.breadcard.com

Payment Card Solutions (UK) Ltd / BREAD Card:

Payment Card Solutions (UK) Ltd was founded in September 2006 and is in the business of Prepaid Cards. Having launched BREAD (www.breadcard.com) the award winning Prepaid Maestro Card in April 2007 we have a proven and tested track record. Through our experience with BREAD and indeed with a highly skilled management team we have rapidly built up a formidable reputation within the sector. PCS has the talent, technology, innovation and appetite to become the leading white label provider and operator of Prepaid Cards in the UK.

For all BREAD enquiries:

Payment Card Solutions (UK) Ltd
33-35 Daws Lane
London, NW7 4SD

Tel: 020 8906 6817
Email: info@paymentcardsolutions.co.uk
www.breadcard.com


Maestroยฎ is a registered trademark of MasterCard International Incorporated or its affiliates. The BREAD Card is issued by Newcastle Building Society pursuant to licence by MasterCard International Incorporated. Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register (www.fsa.gov.uk/register/) under Registration No. 156058



This press release was distributed by ResponseSource Press Release Wire on behalf of Payment Card Solutions (UK) Ltd in the following categories: Personal Finance, Business & Finance, for more information visit http://pressreleasewire.responsesource.com/about.