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Occupy Wall Street (of All Groups) Will Have Its Own … Visa Card

Philip RyanbyPhilip Ryan
October 2, 2013
in Banking, Payments
Reading Time: 1 min read
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Angry at the big banks? Maybe you want to pick up the Occupy Wall Street-branded prepaid debit card from the Occupy Money Cooperative.

Occupy Money will run on Visa’s payment rails. The group describes its agreement with Visa this way: “The use of the Visa platform will provide our members with a universally accepted product, but the OMC will not have an agreement with Visa. Visa will be receiving only their standard share of any transaction revenue. A larger percentage of the revenue will flow to the OMC, rather than Visa or any conventional financial institution.”

Reading between the lines: Visa will still get its share.

If you’re interested in “supporting” the card, you can make a donation here. About $4,000 of a goal of $900,000 to support the card initiate has been raised.

Tags: credit cardsprepaidSales & MarketingVisa
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