Street Charity is leveraging Central Payments' innovative payout
platform, PayCP, to distribute cards to donors. PayCP is a turnkey
solution allowing businesses, or nonprofits like Street Charity, to
easily process disbursements for many different use cases.
SIOUX
FALLS, S.D., May 1, 2024
/PRNewswire-PRWeb/ -- Central Payments, a leading payments solution
provider, announces the launch of the Street Charity Discover®
Prepaid Card, a prepaid card that provides a simple way for
consumers to help the hungry get access to food.
"Central Payments continuously looks for ways to power
innovation in financial services. It's not often we get to join
forces with a nonprofit to unlock a new way of serving those
experiencing hardships. Today we're excited to announce our
partnership with Street Charity, a nonprofit from Atlanta, GA," said Nikkee Rhody, CEO of
Central Payments.
Street Charity Discover® Prepaid Cards have a fixed value to
cover the cost of a meal along with varying state sales tax rates
and can be redeemed at quick-serve restaurants in the U.S.
where Discover is accepted. Through a monthly subscription model
available at StreetCharity.org, donors can contribute as little as
$35 per month and receive four cards
mailed directly to their home. Donors can also choose to have
Street Charity send cards to community partners directly. Bulk card
quantities are also available for larger donations on the
website.
"This is a completely new concept that solves the dual dilemma
that most charitable people face every day; they don't carry cash
and they don't want their donation to be misused," said
John Patton, Founder and CEO of
Street Charity. Patton continued, "Our card provides maximum
flexibility to those who are hungry by giving them the decency to
eat the kind of food that they prefer, whenever they feel like
eating it."
Street Charity is leveraging Central Payments'
innovative payout platform, PayCP, to distribute cards to
donors. PayCP is a turnkey solution allowing businesses, or
nonprofits like Street Charity, to easily process disbursements for
many different use cases. Available payout solutions include
physical or Virtual Discover® Prepaid Cards, Mastercard Send® and
ACH bank transfers with more payout solutions planned for later
this year. Learn more at PayCP.com
About Central Payments
Central Payments is a U.S.-based payments company built by
bankers to connect the world by Making Financial Experiences
Better®. The company solutions, builds, and supports payments
products through its award-winning, proprietary Open*CP API
Marketplace, which gives partners single-source access to the
entire payments landscape. The company also produces Fintech Brews,
a podcast devoted to helping bridge the gap between banking,
startups, and the entire fintech industry. Visit
Central-Payments.com for more information.
About Street Charity
Street Charity is a 501(c)3, tax-exempt nonprofit, headquartered
in Atlanta, Georgia. For more information on Street Charity, visit
www.StreetCharity.org or contact John Patton at
JohnPatton@StreetCharity.org.
The Street Charity Discover® Prepaid Card is issued by Central
Bank of Kansas City,
Member FDIC, pursuant to a license from Discover Network.
Discover and the Discover acceptance mark are service marks used by
Central Bank of Kansas City under
license from Discover Financial Services. Card can be used only at
quick serve restaurants in the United
States where Discover is accepted. Certain terms and
conditions are associated with the approval, maintenance and use of
the Card. Consult the Cardholder Agreement. Card funds are not FDIC
insured. No Cash or ATM Access. For transaction and balance
information, and customer service, call 1-844-404-0244.
Pull Quote
"It's not often we get to join forces with a nonprofit to unlock
a new way of serving those experiencing hardships. Today we're
excited to announce our partnership with Street Charity, a
nonprofit from Atlanta, GA," said
Nikkee Rhody, CEO of Central
Payments.
Media Contact
Nikkee Rhody, Central Payments, 1
6053705135, nrhody@central-payments.com,
https://www.central-payments.com/
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SOURCE Central Payments