SOURCE: The SpendSmart Payments Company
DES MOINES, IA--(Marketwired - Oct 29, 2013) - The SpendSmart Payments Company (OTCQB: SSPC), a provider of prepaid payment programs, announced today it has teamed with DECA, a high school and college campus-based organization that prepares emerging leaders and entrepreneurs in marketing, finance and management. DECA will promote the SpendSmart™ Prepaid MasterCard® and its mobile and web consumer-facing platform to its members, as well as offer the SpendSmart™ Prepaid MasterCard® as a travel solution for the 10,000 students who go to DECA's regional and national contests each year.
The SpendSmart™ Prepaid MasterCard® supports DECA's mission as an educational organization for teens and young adults. DECA will earn marketing fees for each new card issued to a DECA member to help support local fundraising for their membership.
DECA's High School Division includes 190,000 members in 3,500 schools and its Collegiate Division includes over 15,000 members in 200 colleges and universities.
John Fistolera, Assistant Executive Director of Corporate & External Affairs for DECA commented, "This strategic partnership with SpendSmart is a great fit for DECA on many levels. Our members will benefit from SpendSmart's financial education programs and also have the opportunity to apply these concepts directly through use of the SpendSmart™ Prepaid MasterCard® when they travel to our events."
"We believe the 'Award Winning' SpendSmart™ Prepaid MasterCard®'s features and benefits support DECA's mission of preparing emerging entrepreneurs and business leaders for their future careers. We are pleased to partner with DECA and offer them a way to generate marketing income to help support their organization's mission, while also supporting financial education and literacy," stated The SpendSmart Payments Company CEO Mike McCoy. "We look to build similar partnerships with other educational institutions to make a greater number of young people and their families aware of the benefits that the SpendSmart™ Prepaid MasterCard® offers."
For more information, please visit: www.spendsmartcard.com and www.deca.org
DECA is a 501(c)(3) non-profit student organization that prepares emerging leaders and entrepreneurs in marketing, finance, hospitality and management. With over a 60 year history, DECA has impacted the lives of more than ten million students, educators, school administrators and business professionals since it was founded in 1946. Their strong connection with DECA has resonated into a brand that people identify as a remarkable experience in the preparation of emerging leaders and entrepreneurs. DECA's programs and activities have constantly evolved as the organization uses the latest technology and applies cutting edge educational research.
About The SpendSmart Payments Company
The SpendSmart Payments Company, Inc. (OTCQB: SSPC) is making money smarter. The Company is expanding its prepaid debit card services from issuing its own cards to select user demographic segments, to the providing SpendSmart Program Manager services to third-party card issuers. 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.
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.