Palm Desert National Bank Announces Stored Value Prepaid Card Programs

PALM DESERT, Calif.--(BUSINESS WIRE)--Palm Desert National Bank is recognized as a leader in the electronic payments industry with a history of successful prepaid programs. Established in 1981, Palm Desert National Bank is a “nationally chartered” financial institution with assets exceeding $400 million. PDNB is a wholly owned subsidiary of Palm Desert Investments.

Palm Desert National Bank – Electronic Banking Solutions division has been in the prepaid business since 1998 and currently has issued about 10 million prepaid cards in market today. PDNB-EBS sponsorship of prepaid card is distinctive and has resulted in the number of sponsored programs exponential growth through referrals. Our business is driven by our desire to work collaboratively with our clients to customize their programs and provide the best possible products.

Our customers have commented that their reasons for seeking out PDNB-EBS are threefold:

• PDNB-EBS does not compete with the ISOs we sponsor because we do not market prepaid card programs.
• PDNB-EBS has high standards of customer service. Our knowledgeable staff guides you through the entire implementation process from concept to product launch.
• PDNB-EBS offers the ability to distribute your instant issue card programs at a Kiosk, providing a more secure sales venue.

PDNB-EBS supports a wide variety of programs and can issue through multiple networks – MasterCard, Discover, Visa, STAR, NYCE, Cirrus, Maestro, Pulse, Interlink, and PLUS for the widest possible acceptance, and we work with leading processors for a successful implementation.

PDNB-EBS sponsors ISO’s who want to launch Network Branded prepaid products in a variety of vertical markets including but not limited to:

• Gift
• Payroll
• General Purpose (non-reloadable and reloadable)
• Incentive
• Reloadable Travel Products
• Employee Benefits
• Government