TORONTO, June 23, 2020 /CNW/ – DCR Strategies Inc.| TruCash®, the only challenger bank that partners with corporations and governments to help working Canadians grow financially while being safe and secure. Today, DCR announced a new initiative to help cash-strapped Canadians save every time they visit an ATM.
Effective immediately, cardholders of the TruCash or TruCash Affiliated corporate partners, who have a Visa Prepaid Card, will have access to 8,000 white label ATMs in Canada with no surcharge fees. This will save TruCash cardholders between $1.50 to $7.50 per ATM transaction. This means access to 38% more ATM locations, than the major banks. Cardholders can use the ATM locator, available in the TruCash Mobile Wallet, to search and identify participating ATMs across Canada.
“The majority of today’s workforce and elderly are living from cheque to cheque. Employees and consumers need equitable financial services that can improve their financial health and help them save for a secure future.” said Diana Fletcher, Founder and President of DCR. “An important part of that is giving them ready access to their hard-earned cash without burdening them with additional ATM fees.”
This offering underscores DCR’s commitment to helping Canadians get ahead with cost-saving, fast and flexible financial tools. The initiative continues DCR’s efforts to reduce or eliminate fees for customers.
“As a result of the unprecedented COVID-19 pandemic, the transition to digital payments has moved at an accelerated rate. In response, we have built the most feature rich corporate solutions available,” added Fletcher. “Focusing on cost-reduction and value-added features, which allows us to provide payment alternatives that increase speed, security, accountability and efficiency.”
Employers, Corporations and Governments alike, utilize DCR’s solution as a free financial wellness benefit, that helps consumers better address their day-to-day financial needs.
DCR also delivers other financial tools on their TruCash Mobile Wallet, including Bill pay, Interac email transfer, Visa Direct, detailed transaction history and alerts on usage for fraud purposes. Plus the TruCash proprietary real-time Points-to-Cash loyalty program that is very unique in the marketplace.
The TruCash Prepaid card is a customized digital corporate Visa® product used by numerous industries to help ease payment friction and speed the distribution of emergency support funds, wages, expenses, incentives and more. Along with offering instant access to funds through the TruCash Prepaid Visa card, DCR delivers other payment tools, including branded prepaid cards, virtual payment products, payment processing, rewards and innovative mobile wallet products.