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04/20/11 8:07 PM

#5285 RE: youngmanrunning #5284

Debit Card for Prisoners Gaining Interest: Continental Prisons Systems (CPSZ) share prices doubled on Thursday. On Friday, it moved another 34 percent. Continental Prison has a kiosk and a card that enable prisoners to transfer funds. The cards save prisons a lot of money and help to avoid the issues that come with writing checks to convicts. For the prisoners, it is a tradeoff: they can support family and friends on the outside, they can walk out with a card and not a roll of cash, and are that much closer to having some re-entry point into the payments system. The drawback is that this is not a low-fee card.