New O2USA Prepaid MasterCard Offered to Unbanked and Underbanked in February 2012
Jan 24, 2012 Today, O2 Secure Wireless (Pink Sheets: OTOW) released that it will be making available February 1st, a prepaid debit MasterCard designed to serve the growing underbanked and unbanked populations throughout the world. With the rise in unemployment and economic strain across the globe, a larger percentage of the population is turning to prepaid products like the O2USA Prepaid Master Card as a financial tool instead of traditional banking relationships. According to O2 Secure Wireless, the O2USA prepaid MasterCard will not function like typical MasterCard credit cards by guaranteeing approval for anyone over the age of 18, even if they do not possess a bank account or have challenged credit.