December, 2010

APS Partners with U.S. Bank to Offer AccelaPay Paycard Option

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APS Partners with U.S. Bank to Offer AccelaPay Paycard Option

For Immediate Release
(Monday, December 6)
Contact: Melissa Fertitta
Public Relations

APS expands its paperless payroll solution by offering the AccelaPay® Card, a prepaid Visa® debit card which is loaded each pay date with the employee’s net pay amount. U.S. Bank issues the card, which offers employees the flexibility of a debit card, without requiring a checking account.

“It’s important for our customers to have an employee-friendly paycard option,” said Christian Valiulis, noting there are few fees associated with the card’s use.

AccelaPay Visa Cards can be used at ATMs for cash withdrawals or to make purchases everywhere Visa debit cards are accepted**. Cardholders are 100% protected against unauthorized purchases by Visa’s Zero Liability Policy*.

Users receive their monthly statements online and can track their purchases and balance through the AccelaPay website.

By partnering directly with U.S. Bank, employee enrollment has been reduced to a one-step process.

“We chose U.S. Bank because of its structure and ability to streamline the enrollment process,” Valiulis said. “Paycards are an increasingly popular option and we have made the process as easy as APS’s direct deposit and check printing services.”

For more information contact Melissa Fertitta, 318.222.9774

About U.S. Bank

U.S. Bancorp (NYSE: USB), with $291 billion in assets as of Sept. 30, 2010, is the parent company of U.S. Bank, the fifth largest commercial bank in the United States. The company operates 3,013 banking offices in 24 states and 5,323 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses, and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

* Visa’s Zero Liability Policy protects you 100% against unauthorized purchases. U.S.-issued cards only. Does not apply to ATM transactions or to PIN transactions not processed by Visa. See cardholder agreement for details.

** Fees may apply to non-U.S. Bank or non-MoneyPass® ATMs. The owner of the ATM may also assess a surcharge fee.

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