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Redmond, WA - (10/01/2007) - mCASH Holdings LLC announces the
release of its Prepaid MasterCard program linked to its plastic
mCASH Prepaid MasterCard card with proprietary mSPACE application
which allows customers to manage their account using the mSPACE/
mCASH data application.
mCASH Prepaid MasterCard customers can choose between three types of
cards; an Instant Issue non-reloadable, with a max balance of $500,
an Instant Issue Reloadable, with a max balance of $2,500, or a
Personalized, with a max balance of $10,000. mCASH customers can
move money at no cost to any other mCASH Prepaid MasterCard customer
with a reloadable card. All mCASH Prepaid MasterCard programs come
with the optional mSPACE mobile application, which allows mCASH
customers the ability to manage their financial portfolio from the
convenience of their mobile phone.
Paul Smith, President of mCASH states, "The mCASH Prepaid MasterCard
program brings the convenience of mobile commerce to the traditional
prepaid card marketplace. This product is being targeted to its
sister company telSPACE's 43 MVNO clients."
The mCASH Prepaid MasterCard program allows the ability for
customers to use their Prepaid MasterCard card at any retail
location or cash machine that accepts Debit MasterCard. Reloading
the Personalized or Reloadable cards is easy and convenient
as customers can reload their account from their mSPACE mobile
application's secure link to a credit card on file or at over 50,000
retail locations across the United States.
More information on mCASH and demos of the mSPACE application can be
found at: www.mcashholdings.com; www.mcashcard.com; and
www.mCASH.net
About mCASH Holdings LLC
mCASH Holdings, LLC was initially established in 2006 by Seattle
based telSPACE, LLC as a program to increase customer loyalty
therefore decreasing customer churn for its 43+ Mobile Virtual
Network Operator (MVNO) clients. Given the current market potential,
telSPACE elected to spin off mCASH to provide additional focus and
expand the business independent of the MVNO market niche. Today,
mCASH has assembled a management team of industry veterans and is
recognized as one of the top innovators in cutting edge Mobile
Commerce Technologies and a leading provider of prepaid debit
products in the market.
Leveraging core telSPACE technology, mCASH has developed a unique,
powerful and feature rich mobile phone application called mSPACE.
This application is provisioned on a customer's wireless phone and
among other things allows customers to completely control and manage
their prepaid debit account anywhere, anytime.
About telSPACE:
telSPACE, LLC was founded in 1998 and is the leading Mobile Virtual
Network Enabler (MVNE) in the wireless industry. Through proven
knowledge and industry experience, telSPACE has developed the most
comprehensive and robust third-party billing and operating system
available. telSPACE is connected to all of the top wireless network
operators including: Verizon Wireless, AT&T Wireless, Sprint, and
T-Mobile. The company currently provides its full service billing,
rating, carrier provisioning and automation, call center customer
service, fulfillment, IVR and SMS services to 40+ MVNOs, which
doubles the reach of their competitors combined.
The mCASH Prepaid MasterCard is issued by First Bank & Trust,
Brookings, SD, pursuant to a license by MasterCard International
Incorporated. First Bank & Trust is part of the Fishback Financial
Corporation. For a complete list of fees and other terms and
conditions, please see the cardholder agreement for that specific
card.
© 2008 mCASH Holdings LLC. All rights reserved.
mCASH, the mCASH logo, mSPACE, and mSPACE logos re either registered
trademarks or trademarks of mCASH Holdings LLC in the United States
and/or other countries. All other trademarks are the property of
their respective owners.
Contacts:
D. Garth Billstin
mCASH Holdings LLC
garth@mcashholdings.com
425-284-1781
RELATED DOCUMENTS
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