Mississauga, Canada (PressExposure) July 03, 2009 -- DCR Strategies Inc. has partnered with TranZtec, representing The First Nations of Canada to address issues in cashing government-issued royalty cheques sent to their members. Initiated by TranZtec, LLC the First Nations program is designed to provide a more cost-effective and streamlined process for the disbursement of Canadian government-issued funds to the native communities from various Canadian tribes. In short, the TranZtec Prepaid MasterCardÂ® provides a gateway for members of the First Nations of Canada to be able to cash government payment cheques without the need for a traditional bank account.
The TranZtec prepaid card allows cardholders to view purchase history and balances in real-time via the e-Wallet anywhere, anytime â just like a real bank account. Members receive royalties for established treaties, land claims, welfare and oil reverses directly on their card, so there is no more waiting for cheques in the mail.
âBand leaders no longer need to distribute royalties amongst their members; they simply issue each member a TruCa$h card and load the funds electronically. This is a huge step for the First Nations of Canada as they now can have all of the amenities of a debit card with built-in loyalty, without the need for a traditional bank accountâ says Diana Fletcher, President, DCR Strategies inc.
Members can use the card at millions of ATMs and point-of-sale locations worldwide, accepted anywhere the MasterCardÂ® logo is displayed. In addition, all TruCa$h cards feature a built-in loyalty component whereby cardholders can register with http://www.trucash.com to earn points with every online purchase. TruCa$h points convert to cash and are deposited directly into your card account - the only real-time points-to-cash loyalty program in the world.
TranZtec is a leading provider of credit card transaction processing to businesses throughout Canada.
For media releases visit [http://www.trucash.com;] for additional information please contact our press officer Chris Michaelis at firstname.lastname@example.org.