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Trycera Financial is in
position to take advantage of the shift away from paper to using more plastic for
financial transactions with their prepaid debit card and financial services business
Financial Services
Prepaid Debit Cards
(TRYF-OTC: BB)
Trycera Financial, Inc.
Alan Knitowski
Chairman
Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
Published – March 29, 2007
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“The
vision is to create an innovative financial services company similar to Capital One
Financial Corp. (NYSE: COF), where we strive to build and grow an agnostic card acceptance
and network. By focusing on the agnostic networks, we can deliver Visa or MasterCard,
across a broad spectrum of convenient locations for loading money onto the cards, whether
that is found at a retail location, such as Western Union; you can use PayPal, direct
deposit, wire transfer or any number of other load network sources at retail. To
facilitate the delivery of our financial services we interface directly with the issuing
banks and the processors who handle the financial transactions throughout the payment
systems and networks. We manage the payment and technology processes so our valued
partners can focus on card delivery and added value to their core consumers and
cardholders. We act as program managers for multiple fortune 1000 companies including
direct online and offline issuances that we do for ourselves through various channels
predominantly outside retail. We partner with companies that use our product as payroll
cards and some that use the cards to pay commissions to their sales agents or other
salaried employees. We also have companies that use the cards for their health benefits or
the flexible spending accounts and people that use them for prepaid travel expenses and
other general purpose items.” - Alan Knitowski |
