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PrepaYd Inc. (Formerly Known As Prepaid Card Holdings, Inc.) corporate offices located in Newport Beach, California. PrepaYd, Inc. whose trademark mission statement is Everything PrepaYdSM conducts its business through several wholly owned operating subsidiaries.
Bank Freedom® is one of PrepaYd, Inc. wholly owned operating subsidiaries. Bank Freedom was founded in 2005 by our CEO Bruce Berman as a Merchant Credit Card Processor and a registered ISO for both MasterCard and Visa. In 2007, recognizing the opportunity in prepaid the company developed a business plan to offer prepaid financial services and products. In February 2008, the company began issuing prepaid debit cards under its Bank Freedom brand. Bank Freedom is a pioneer in this Hyper Growth industry offering prepaid financial services and products to the approximately 60,000,000 and growing underbanked U.S Citizens.
Bank Freedom reloadable prepaid debit cards are prominently displayed on both Visa® and MasterCard® card association corporate websites. Being selected by these companies to appear on their corporate websites is an honor for Bank Freedom.
PrepaYd Wireless, Inc. another wholly owned operating subsidiary of PrepaYd, Inc is a Wireless Service Provider that intends to offer mobile services to an estimated 110 million consumer demographic. Prepaid Wireless Services is an alternative to the traditional Postpaid Wireless Service Plans provided by major carriers. In addition, PrepaYd Wireless intends to make all of its available phones and wireless plans compatible for mobile financial services. For more information about PrepaYd, Wireless Inc.
Bank Freedom Business Solutions is another wholly owned operating subsidiary of PrepaYd, Inc. The rising number of underbanked employees (employees who have lost their bank account and/or credit cards) is causing businesses to look for alternative ways to pay employees and to manage Employees’ company related expenses. Recognizing a way to help business run in a more cost effective, efficient manner that increases productivity, Bank Freedom Business Solutions developed a suite of business focused prepaid products.
In addition to Bank Freedom offering cards under its own brands, Bank Freedom also Co Brands reloadable prepaid debit card programs for other companies and organizations. Bank Freedom is the program manager of the AFSCME Union (American Federation of State County and Municipal Employees Union) which, having over 1,000,000 members, is the largest union in the AFL-CIO.
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