TransCash Corporation is a California-based corporation that was established in 2002. TransCash can facilitate international money transfers with substantial savings over existing services. Charles Cohen, CEO of TransCash, explained that the cornerstone of the TransCash Card program is a set of two prepaid Visa® cards, conveying all rights and privileges to load money and enjoy purchasing goods and services everywhere. VISA® is accepted worldwide and providing the easiest and least expensive transfer of funds to their families around the world. The goal is to attract target customers away from check-cashing agents, money orders, money transmission services, and bill pay centers by providing them with an easier, more convenient and lower cost alternative to mainstream banking and non-traditional financial service providers. TransCash provides cards in a number of countries including the U.S., France, the UK, Italy, and others.

TransCash Corp. Corporate Overview

TransCash Corp. provides a prepaid debit card issued as a set of two prepaid Visa debit cards, conveying all rights and privileges to load money and enjoy purchasing goods and services everywhere Visa is accepted worldwide. It also provides the easiest and least expensive way to transfer funds to loved ones around the world. The TransCash cards come in packages of two cards: one black card and one red card. The customer who will be loading money onto the cards keeps the black card and simply gives the red card to the person they wish to share money with. The person can be located anywhere in the world. The customer with the black card can then transfer money online or over the phone and the funds are immediately available to the holder of the red card. Best of all, this service is free and the cards are usable anywhere in the world where Visa is accepted. TransCash also offers a payroll card where customers are able to make direct deposits directly onto their primary card.