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The Bancorp Bank Teams Up with Univision Communications Inc.

^{Published on 2010-01-06 20:20:45 - Market Wire}
 

WILMINGTON, Del.--([ BUSINESS WIRE ])--The Bancorp Bank Payment Solutions Group, a division of The Bancorp Bank ("Bancorp"), a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq:TBBK), today announced a collaboration with Univision Communications Inc., to introduce the Univision MasterCard^® Gift Card (Tarjeta de Regalo Univision MasterCard^®) issued by The Bancorp Bank. The Univision MasterCard Gift Card offers the U.S. Hispanic community a culturally relevant, safe, cost-effective alternative to cash.

"We are excited about this new relationship and we look forward to working closely with Univision to help meet the financial needs of the U.S. Hispanic community"

"We are excited about this new relationship and we look forward to working closely with Univision to help meet the financial needs of the U.S. Hispanic community," said Jeremy Kuiper, Managing Director for The Bancorp Bank.

The Univision MasterCard Gift Card reduces the inconvenience and cost related to cashing checks and enables consumers to better track and manage spending by providing them with the ability to monitor when and where they make purchases with the card. The Univision MasterCard Gift Card can be used for purchases at more than 29 million locations worldwide where Debit MasterCard is accepted.

The Univision Gift Card will be issued by The Bancorp Bank pursuant to license by MasterCard International Incorporated. The Bancorp Bank; Member FDIC. MasterCard is a registered trademark of MasterCard International Incorporated.

For further information regarding The Bancorp Bank's payment solutions please contact Lindsey Frank at 952-449-6014.

About The Bancorp Payment Solutions Group

The Bancorp Payment Solutions Group, a division of The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq:TBBK), offers secure, creative and innovative payment solutions to the prepaid card industry. As a leading issuer of prepaid cards, The Bancorp Payment Solutions Group contributes to the success of Fortune 500 companies through the development of cutting-edge prepaid card programs that meet the rapidly changing needs of the prepaid industry. Through long-standing relationships with the card associations, leading program managers and processors, The Bancorp Payment Solutions Group designs innovative and flexible prepaid card programs which deliver outstanding results. For more information about The Bancorp Payment Solutions Group please visit [ www.thebancorppsg.com ].