Visa launches Olympic Games-themed Visa Prepaid cards issued by Peoples Trust
and InComm

TORONTO , Jan. 19 /CNW/ - Visa Canada announced today the launch of Olympic Games-themed Visa Prepaid Cards issued by Peoples Trust and InComm. Available in two denominations, $50 and $100 , they can be used worldwide at any merchant that accepts Visa. Visa Prepaid cards issued by Peoples Trust and InComm are currently available at more than 3,500 prime retail locations across Canada , including Shoppers Drug Mart and Money Mart.

"Visa is continuously looking for new opportunities to provide our customers with innovative payment solutions," said Brian Triplett , Head of Global Prepaid Products, Visa Inc. "Canadians can shop securely and conveniently using Peoples Trust and InComm Visa Prepaid cards at retailers - in person, online or travelling outside of Canada ."

"InComm already has a strong global relationship with Visa and we are delighted to expand this into Canada ," said Bill Turner , VP, Financial Services - International, InComm. "Visa prepaid cards issued by Peoples Trust and InComm are a great choice for those with an increasing interest in the Vancouver 2010 Olympic Winter Games."

"We are pleased and excited to be a part of this innovative product offering and are confident it will be of significant interest and benefit to Canadian consumers," said Frank Renou, President & CEO of Peoples Trust.

With the Vancouver 2010 Olympic Winter Games taking place in February, Visa prepaid cards - including these issued by Peoples Trust and InComm - are a convenient and secure payment option for Olympic and Paralympic attendees. A Worldwide Sponsor of the Games, Visa is the only card accepted at official Olympic and Paralympic venues.

About Visa

Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world's most advanced processing networks - VisaNet - that is capable of handling more than 10,000 transactions a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank, and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: Pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com.

For further information: Teri Broughton, Visa Canada, [phone], [email protected]