Business & Finance
Business and Finance
Business and Finance
Tue, December 14, 2010 Prepaid Debit Card Companies Challenged To aStart Waiving Feesa By Prepaid Card Holdings, Inc.
LAS VEGAS--([ BUSINESS WIRE ])--Prepaid Card Holdings, Inc. (Pink Sheets:[ PPDC ]) launched two new web pages aimed at educating underbanked consumers on ways to use prepaid debit cards and avoid fees while explaining the reasons why prepaid card companies need to charge certain fees. The company is also challenging its competitors to follow the companya™s policy of waiving monthly fees when deposit minimums are reached, as well as matching its policy of not charging for card issuance / fulfillment, card activation / set up or customer service.
aHonestly I dona™t believe the underbanked are aware different prepaid card companies charge different fees and that they can shop and save money by comparing fees on prepaid debit cards. We cana™t compete with the marketing budget of larger prepaid debit card companies but our prepaid cards can compete with them. When someone deposits money or uses one of our prepaid cards you can rest assured that the transactions are as safe, secure and fast as any prepaid card no matter how much more the consumer pays for the card or its use,a stated Bruce Berman, CEO of Prepaid Card Holdings, Inc.
To learn how to avoid prepaid debit card fees and why certain fees are charged the company has posted a new link at [ www.PrepaidCardHoldings.com ]. Prepaid Card Holdings, Inc. was started with the philosophy to provide A Card For Everyone® and its mission to offer its customers the most robust prepaid card account with fair pricing. The company states since its inception it has upgraded and improved its services and has found ways to save its cardholders money and continually looks for new ways to provide much needed services at a fair price.
About Prepaid Card Holdings, Inc.
Prepaid Card Holdings, Inc. is a provider of financial services in the prepaid debit card industry. The company, through its wholly owned subsidiary, offers prepaid debit cards to Americaa™s estimated 60 million underbanked citizens. In addition to the underbanked consumer demographic, small and mid size businesses have found a much needed product with the companya™s Prepaid Business Expense Card Program. With the diminishing credit card markets, companies need a new way to fund employeesa™ expenses other than through traditional credit cards or cash reimbursements. For more information about Prepaid Card Holdings, Inc. visit [ www.PrepaidCardHoldings.com ].
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties and the Company assumes no obligation to update any of the forward-looking statements in this release.
