ReadySTATION, a self-service kiosk instantly issues an activated prepaid ReadyCARD, as well as allows consumers to [insert cash to] reload their ReadyCARD or check account balances. http://finance.yahoo.com/q/pr?s=rctc.pk
Up to $500 in value can be added at the kiosks.
The reloadable stored value cards have a $5/month maintenance fee. There is a Mastercard prepaid card that, when used only for paying for mass transit in L.A., carries no fee.
Currently, ReadySTATION kiosks are available in the following cities:
- Los Angeles
- Minneapolis / St. Paul
The kiosk provider's website shows another ten cities so presumably they are the next locations where service will be rolled out. http://www.myreadycard.com/locator.aspx
The card may be managed using an iPhone app: http://www.myreadycard.com/mobile.aspx