SOURCE: The SpendSmart Payments Company

The SpendSmart Payments Company

August 29, 2013 07:00 ET

SpendSmart Payments Company to Launch Cash for College Sweepstakes

SpendSmart Prepaid Card Helps Teens and Their Families Save for College

DES MOINES, IA--(Marketwired - Aug 29, 2013) - The SpendSmart Payments Company (OTCBB: SSPC), -- a provider of payment solutions that support smart spending habits -- announced today it is set to launch the SpendSmart™ Prepaid MasterCard® Cash for College Sweepstakes on September 1, 2013*. The sweepstakes will run through November 25, 2013 with $10,000 for the 1st prize winner, $5,000 for 2nd prize, and $2,500 for 3rd prize. The Company's flagship product, the SpendSmart™ Prepaid MasterCard® for teens, offers resources to families with teens who want to learn responsible spending habits.

In conjunction with the SpendSmart™ Prepaid MasterCard® Cash for College Sweepstakes, the Company will conduct a broad educational campaign for teens and their families, offering tools and tips on how to spend smart and start preparing for college. Additionally, SpendSmart will host a Twitter party for moms to spread the word about the sweepstakes, while inviting moms to share their experiences about using the SpendSmart™ Prepaid MasterCard®. For details on how to enter the sweepstakes, please visit: www.SpendSmartCard.com.

"College is one of the smartest investments for most young people and The SpendSmart Payments Company wants to help support teens make that investment. We've been helping teens learn to spend smart every day. Now through our Cash for College Sweepstakes, we're very excited to help three lucky winners add to their college funds while also launching a broader campaign for all teens to bring focus on the need to spend wisely and prepare for college early. As more young adults are becoming saddled with student loans, it becomes much more prudent for young people and their families to prepare for college with an aim to minimize borrowing," stated Mike McCoy, CEO of The SpendSmart Payments Company.

"Through our sweepstakes, our Twitter party for moms, and all of our educational programs, we aim to make SpendSmart the established household brand recognized for its values of responsibility and financial independence," added McCoy.

* NO PURCHASE OR ACCOUNT APPLICATION NECESSARY. Void where prohibited. Starts 9/1/13. Ends 11/25/13. Open to legal US residents & DC, 18 or older. Odds of winning depend on number of eligible entries received. Restrictions apply. For Official Rules & complete details, visit www.SpendSmartCard.com or send a SASE to SpendSmart Prepaid Cash for College Sweepstakes, PO Box 71365, Clive, IA 50325.

For more information, please visit: www.spendsmartcard.com

About The SpendSmart Payments Company
The SpendSmart Payments Company, Inc. (OTCBB: SSPC) is making money smarter. The Company's primary product, the SpendSmart Prepaid MasterCard for teens, offers resources to families with teens who want to learn responsible spending habits. The SpendSmart card provides its users with modern methods of developing financial literacy, centered around a card solution for parents who aim to guide their teens in making sensible, economic choices. The card helps open the lines of communication between parent and teen by tracking spending in real time and, ultimately, creates teachable moments around smart spending habits. For more information, please explore www.spendsmartcard.com.

On facebook: https://www.facebook.com/spendsmart
On Twitter: @SpendSmart
On YouTube: https://www.youtube.com/SpendSmartCard

The SpendSmart Prepaid MasterCard is issued by Republic Bank, member FDIC, pursuant to a license by MasterCard International Incorporated. The SpendSmart Prepaid MasterCard cannot be used at merchants deemed inappropriate for teens, such as liquor stores, online gambling, etc. Go to www.spendsmartcard.com for more information.

Safe Harbor Statement
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.

Contact Information

  • Investor Relations Inquiries:
    Laurel Moody
    646.810.0608
    Corporate Profile, LLC