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CNNfn© "Maverick of the Morning" Segment Features E-Duction's Clear
07/24/02
Blue Bell, PA, July 24, 2002 Rhonda Shaffler, host of CNNfn Morning Call, interviewed Kirk Watkins, CEO of E-Duction, today. E-Duction recently introduced Clear, an innovative interest-free payroll deduction card. Clear allows employees to purchase products and services from over 24 million locations and pay for them through interest-free deductions from payroll.
"In a difficult environment of rising healthcare costs and shrinking 401(k)'s, Clear is good news for employers and employees," said Watkins. "This is a valuable employee benefit with no direct cost to the employer and interest-free borrowing for the employee," added Watkins.
About E-Duction
E-Duction was launched to capitalize on a growing trend that has emerged in payment technology - payroll deduction. In July of 2002, E-Duction introduced the first payroll deduction card, Clear, that gives employees interest-free purchasing power, 365 days per year. Clear is an innovative voluntary benefit that allows employees to make purchases at over 24 million MasterCard acceptance locations worldwide and spread the payments out over future paychecks. E-Duction has teamed with some of the world's leading financial institutions, and MasterCard International Incorporated.
For more information about E-Duction, please contact Garrett Allen at Gregory FCA Communications at 610-642-8253 or garrett@gregoryfca.com.
For further information on E-Duction, Inc.,
contact:
Tom McCormick
Fax: 215.542.7090
E-mail: tmccormick@E-Duction.com
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