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Plastyc Looks for Debit / Credit Card Alternative

  By Steven Gibbs October 14, 2009

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Student Prepaid CardLooking to shake up the debit card, credit card and checking account world, a company called Plastyc looks to create an alternative to the way younger generations view smart spending. Plastyc, which is the creator of the UPside Prepaid Visa, has created a new online banking service called "iBankUp".

 

So what is "iBankUp"? It is bank account and prepaid card all rolled into one that Plastyc believes is the perfect way for younger consumers to save money and keep their credit history clean. They believe that it does not matter if you are in school or in the workforce, you deserve efficient, affordable services for handling your finances without getting hit by multiple fees.

 

Believe it or not, more consumers both young and old are becoming prepaid cardholders. Research has shown that prepaid cards have been steadily growing year after year, and is poised to double within the next year alone. That is why you have seen and will continue to see more prepaid cards enter the market to via for your attention. Just like with any other product, the best time to acquire a customer is when they are young to gain loyalty. In this case, the iBankUp could be just want Plastyc needs to gain a customer for life.


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