SAN DIEGO, CA--(Marketwire - Sep 19, 2012) - BillMyParents, Inc. (OTCQB: BMPI) -- the Responsible Teen Spending Company -- announced today it has forged a new partnership with Autism Speaks, the world's largest autism science and advocacy organization. The partnership will promote financial education and independence for teens and families living with autism, through the BMP SpendSmart prepaid MasterCard.
"One wonderful facet of Autism Speaks' mission is to provide an incredibly robust group of family services and resources to its extended community," said Joe Proto, BMP board member. "We are excited and honored to be working with them, and to be able to offer our BMP SpendSmart prepaid MasterCard as a tool to better equip families to address financial education and foster independence."
Autism is the fastest-growing serious developmental disability in the U.S. Autism Speaks, a non-profit founded in 2005 by Suzanne and Bob Wright, has raised over $180 million since its inception. Funds go to scientific research, innovative family services initiatives, and advocacy and awareness efforts.
"The BMP SpendSmart prepaid MasterCard really is a great option for families to manage spending money," commented Lisa Goring, vice president of Family Services, Autism Speaks. "The system gives control to caretakers, and freedom and self-sufficiency to users. It is also easy to scale oversight depending on the individual needs of cardholders."
The BMP SpendSmart prepaid MasterCard was designed to deliver the best prepaid solution for parents and teens/young people, as well as to encourage ongoing conversations about smart spending. Set spending limits plus a variety of features ranging from instant text alerts every time a purchase is made, to a lock/unlock option in case of card loss or theft, help parents instill and nurture good money habits to last a lifetime.
For more information, please visit: www.BillMyParents.com
BillMyParents, Inc. (OTCQB: BMPI), the Responsible Teen Spending Company, offers a solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart MasterCard card is the instantly trackable, reloadable MasterCard prepaid card that lets parents and teens track spending in real time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts. For more information, please visit www.BillMyParents.com.
The BillMyParents SpendSmart MasterCard card is issued by University National Bank, member FDIC, pursuant to license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.
Autism is a general term used to describe a group of complex developmental brain disorders -- autism spectrum disorders -- caused by a combination of genes and environmental influences. These disorders are characterized, in varying degrees, by social and behavioral challenges, as well as repetitive behaviors. An estimated one in 88 children in the U.S. is on the autism spectrum -- a 1000 percent increase in the past 40 years that is only partly explained by improved diagnosis.
About Autism Speaks
Autism Speaks is the world's leading autism science and advocacy organization. It is dedicated to funding research into the causes, prevention, treatments and a cure for autism; increasing awareness of autism spectrum disorders; and advocating for the needs of individuals with autism and their families. Autism Speaks was founded in February 2005 by Suzanne and Bob Wright, the grandparents of a child with autism. Mr. Wright is the former vice chairman of General Electric and chief executive officer of NBC and NBC Universal. Since its inception, Autism Speaks has committed over $180 million to research and developing innovative resources for families. Each year Walk Now for Autism Speaks events are held in more than 95 cities across North America. To learn more about Autism Speaks, please visit www.autismspeaks.org.
MasterCard is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities -- such as shopping, traveling, running a business and managing finances -- easier, more secure and more efficient for everyone. Learn more at mastercard.com or follow us on Twitter @mastercardnews.
Certain statements contained in this press release are "forward-looking statements" within the meaning of federal securities laws, including, without limitation, anything relating or referring to future financial results and planned business activities. Such statements are inherently subject to risks and uncertainties, which include, without limitation, those in Company reports filed with the SEC. The Company can give no assurance that such expectations will prove correct. Future events and actual results could differ materially from those statements.