Mellon Network Services, the automated teller processor owned by Mellon Bank Corp., introduced the Telephone Card, a prepaid calling card that offers discounted rates on long distance calls.

The cards will be offered to the unit's financial institution customers to distribute to corporations and individuals for revenue generation or promotional purposes.

Consumers can replenish the prepaid card by charging additional time to a Visa or MasterCard. Revenue is generated for the issuing bank through initial sales and payments for additional calling time.

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