AccountNow, Inc. Offers Mobile Deposit Capture

Customers Can Now Load Paper Checks to Prepaid Card Accounts

SAN RAMON, CA – June 23, 2014 – AccountNow, Inc. CEO, Jim Jones, today announced that AccountNow® Visa® Prepaid Card customers can now load checks to their reloadable prepaid card using their mobile device.

“AccountNow Visa Prepaid Card cardholders can now have immediate access to funds by simply using a smart phone app to snap a photo of a paper check, eliminating check-cashing trips or waiting in line at a bank,” said Jim Jones. The new service has been extensively tested and proven among thousands of AccountNow customers and will now be available to the general public, according to Mr. Jones.

Remote deposit capture is a time saving technology when loading funds. According to Visa research, nearly 35 million consumers receive wages and government disbursements via paper check. In a 2012 study*, 34 percent of participants revealed that direct deposit to a prepaid card was not an option available through their employer, while 65 percent were uninterested in direct deposit due to temporary employment or a general reluctance to stop using paper checks.

“Consumers are choosing reloadable prepaid cards at an increasing rate, and for many of the same reasons that mainstream consumers embrace other electronic payment options – security, convenience and reliability,” said Jim Jones. Expansion of account funding capabilities is critical to this growth, and mobile capabilities that provide instant funds access will become increasingly important with exponential growth in smartphone ownership among low income consumers.

For more information on Mobile Deposit Capture go to www.accountnow.com/services/mobile-check-deposit.aspx.

About AccountNow, Inc.

AccountNow, Inc. (www.accountnow.com), headquartered in San Ramon, California, is a leading provider of financial solutions for consumers who choose not to have traditional banking relationships. AccountNow’s innovative prepaid cards give consumers an alternative to traditional checking accounts, access to the financial and payments systems and FDIC insured deposits through the issuing bank. The Bancorp Bank and MetaBank®, Members FDIC.

*Source: Visa Prepaid Underserved Consumer Tracking Study, February 2012.

AccountNow Visa Prepaid Cards are issued by The Bancorp Bank or MetaBank® pursuant to a license from Visa U.S.A. Inc. and can be used everywhere Visa debit cards are accepted. The Bancorp Bank is a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq: TBBK).

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No Credit Check
$15 Direct Deposit Bonus§





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© 2017 Green Dot Corporation. New cards are provided by Green Dot Corporation, a member service provider for Green Dot Bank, and issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Green Dot is a registered trademark of Green Dot Corporation.  Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. For existing card accounts, please see back of card or log in to your account to see the card issuer.

*IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW CARD ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you. We may also ask to see a copy of your driver’s license or other identifying documents. Approval is subject to identity verification, as well as and other fraud prevention measures.

**The Visa Zero Liability policy covers U.S. issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or other certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit www.visa.com/security.

§This offer is available to all AccountNow Gold Visa Prepaid Card customers. To qualify for the $15 direct deposit bonus, within 6 months after being approved to receive a card you must deposit at least $500 in qualifying deposits per month via recurring direct deposit in two or more consecutive months. Bonus must be redeemed by phone at 877-553-3767 within 30 days of meeting qualifications. Please see help for eligibility and redemption requirements.

There is no additional charge for this feature. Fees apply to the prepaid card. See your Cardholder Agreement for fees, terms and conditions.

This is not a credit card. Subject to ID verification.

Ingo Money is a service provided by First Century Bank, N.A. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions and Privacy Policy. Approval usually takes 3 to 5 minutes but can take up to one hour. All checks are subject to approval for funding in Ingo Money’s sole discretion. Fees apply for approved Money in Minutes transactions funded to your card or account. Unapproved checks will not be funded to your card or account. Ingo Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. Your wireless carrier may charge a fee for data usage. Additional transaction fees, costs, terms and conditions may be associated with the funding and use of your card or account. See your Cardholder or Account Agreement for details. Apple, the Apple logo, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google, Android and Google Play are trademarks of Google Inc., registered in the U.S. and other countries.