PreCash Partners with Green Dot

Houston, Aug. 24, 2009--PreCash, its processor Galileo and Green Dot are partnering to give PreCash's prepaid debit card-holders the ability to add cash to their cards at nearly 50,000 additional U.S. retail locations by using a Green Dot MoneyPak. In addition to Direct Deposit, PreCash cardholders can now load cash onto their cards at more locations nationwide, including Walgreens, CVS/pharmacy, Rite Aid, Kmart and Kroger.

To promote this new reloading option, Green Dot and PreCash will be offering PreCash's Vision Premier Prepaid Visa Card with Direct Deposit cardholders a "First Load Free" reward through the holiday season. For Vision Premier Prepaid Visa Card cardholders who load their cards with a Green Dot MoneyPak between August 5, 2009 and December 31, 2009, PreCash will rebate the load fee within four weeks of the transaction with a statement credit. Details about the promotion are available at www.visionprepaid.com .

"We've seen exponential growth with our Vision Premier Card over the last four years as consumers look for credit card alternatives that offer the same convenience, management and protection of plastic, without hidden fees," says John Chaney, Chairman and CEO for PreCash. "With the Green Dot MoneyPak, our cardholders have another safe, convenient and affordable way to add cash to any of their accounts."

Mark Troughton, President of Green Dot Financial Network states, "Green Dot is very pleased to partner with PreCash and provide their cardholders the ease and convenience of loading cash to their Card, at the point-of-sale, at the nation's largest retailers."

"We are excited about the continued growth and success of the PreCash prepaid programs. Providing more convenient options to reload cards through the Green Dot Reload Network will be a great added benefit for PreCash customers," said Todd Brockman, President of Galileo Processing, Inc.

About PreCash, Inc.

PreCash provides convenient, real-time payment solutions that convert cash into electronic payments for consumers who do not use traditional payment methods such as credit cards or bank accounts. PreCash offers the Vision Premier(SM) Prepaid Visa card and other prepaid Visa and MasterCard products, prepaid debit card program management services, real-time cash bill payments, prepaid wireless refills, payroll card products and more. The company places more than 30,000 prepaid debit cards in the market monthly and services more than 30,000 national retail, wireless dealers and independent retail locations nationwide. Founded in 1998, PreCash is headquartered in Houston, Texas, with additional offices in Portland, Oregon. For more information, visit www.precash.com, or www.visionprepaid.com .

Source: Company press release.