FiCentive, Inc. Announces Prepaid Account Funds Loading from Banks
2010年10月4日 - 8:00PM
ビジネスワイヤ(英語)
FiCentive, Inc. (OTCBB:PYDS), a leading provider of turn-key
prepaid card solutions, announced today the release of a new
service which utilizes our existing electronic bill payment
network.
Prepaid Load allows any prepaid cardholder to go to their
online bill pay site such as www.billx.com or their bank’s online
bill pay site, select “PrepaidLoad.com” as a payee, and then “pay”
their prepaid card by entering their card number. The “pay”
function then actually loads value onto their prepaid card from one
of their existing bank accounts. The consumer can also utilize
Prepaid Load to load funds on other types of prepaid accounts. An
example of this product usage to load funds on a prepaid cell phone
that needs to be “topped up.”
The prepaid issuer only needs to register with FiCentive as a
way to have their cards or their accounts identified to our system.
Prepaid issuers can then offer to their customers an easy and
convenient way to load money onto their prepaid accounts.
PrepaidLoad.com is now available as a load option on over 1,000
bank bill payment sites including many major banks that support
same day loading of funds.
The model uses a “good funds” model, meaning there is little
risk of financial losses for the prepaid account issuer in the
loading process and the loading is completed within 48 hours with
many loads completed on the same day. Also, Prepaid Load is
processing platform independent and implementation can be completed
in one day.
Louis Hoch, CEO of FiCentive, said, "This implementation is
unique in the industry. It provides a great degree of efficiency
and convenience for the prepaid consumer and extends new funds
loading capabilities for prepaid issuers, processors, and wireless
carriers.”
Hoch continued, “It is a simple registration process for the
prepaid issuer. By giving us their account number or BIN scheme,
their customers will have immediate access to a new and convenient
funds loading network.”
About FiCentive, Inc.
FiCentive, Inc. is a turn-key prepaid card solutions provider
that quickly and securely delivers customized prepaid card programs
for corporations, financial institutions, affinity groups or any
organization that needs to deliver a financial incentive to their
customers, vendors, or employees. FiCentive has the ability to
issue cards on all card association brands.
FiCentive is well positioned to capture its share of the global
prepaid market that is estimated to be more than 6.5 trillion
dollars.
For more information about FiCentive, please visit
www.ficentive.com or email info@ficentive.com.
FiCentive is a wholly owned subsidiary of Payment Data Systems,
Inc.
For additional information, visit www.paymentdata.com. Contact
Michael Long for Investor Relations information at 210.249.4040 or
email at ir@paymentdata.com.
FORWARD-LOOKING STATEMENTS DISCLAIMER
This document contains forward-looking statements that involve
risks and uncertainties. You should not place undue reliance on
these forward-looking statements. Our actual results could differ
materially from those anticipated in the forward-looking statements
for many reasons, including the risks described in our annual
report on Form 10-K and other reports we file with the Securities
and Exchange Commission. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are
made. We do not intend to update any of the forward-looking
statements after the date of this report to conform these
statements to actual results or to changes in our expectations,
except as required by law.
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