Deemed as a main provider of financial services in the prepaid debit card industry, Newport Beach-based PrepaYd Inc. recently expanded its company by partnering with Sprint in a deal that will allow PrepaYd to provide its own copyrighted prepaid wireless services on the nationwide network.
“Sprint is pleased to build relationships with companies such as PrepaYd to deliver comprehensive wireless services,” said Matt Carter, president, Sprint Global Wholesale Solutions. “Through the MVNO model, we are able to help PrepaYd reach under-served markets while also delivering a premium prepaid communications experience.”
Utilizing the Sprint Network to launch into the wireless market will help PrepaYd focus more on acquiring customers and less on maintenance of the network service, Vice President of PrepaYd Wireless Josh Berman stated.
“We will be able to offer our customers reliable mobile services while focusing on acquiring customers from our target market and development of our mobile financial services offerings,” said Berman.
The company hopes to provide consumers and small businesses with efficient and practical ways to manage personal and business-related finances through prepaid communications. PrepaYd Wireless Inc. will focus on reaching out to those who are under-banked.
“Our customer base and the customers we market towards understand the benefits of prepaying for services. We believe Prepaid Wireless is a perfect product for us to offer and it fits our company’s long term business development plans,” stated Rick Galasieski, SVP PrepaYd, Inc and president of PrepaYd Wireless, Inc.
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