Hoping to differentiate its product, Whitebox Partners LLC has developed a reloadable prepaid card with a rewards program, a feature usually associated with credit and debit cards.

Whitebox is positioning its general-purpose prepaid cards as mainstream financial products, and Doug Bobenhouse, the president of Whitebox, the new prepaid card division of the processor Total Card Inc., said it wanted to develop a prepaid card with features that are comparable to other mainstream products.

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