1998

PreCash was founded in Portland, Oregon with the vision of providing payment options and opportunities not served by the traditional credit and debit card models

1999

PreCash signs with merchant Plaid Pantry and wireless service providers, GTE & AirTouch

AirTouch roll-out in November marks first payment processed between a merchant and an unrelated service provider

Patent was filed for the groundbreaking PreCash payments model

2000

Bill pay services are launched with RadioShack and service providers PrimeCo and Sprint

2001

PreCash launches its bill pay services with Wal-Mart and service provider Verizon

PreCash welcomes John Chaney as its new CEO

The company moves its headquarters to Houston, Texas

2002

PreCash launches WebConnect, its new Internet-based merchant application

2003

PreCash launches with merchants IPP, ACE Cash Express and 7-Eleven and service providers US Unwired, Alltel and Dish Network

For the first time PreCash processes 1 million payments in a single month

2004

PreCash enters the prepeaid debit card business and a new era with the launch of the Vision Select Prepaid MasterCard card product, an authentic MasterCard product that consumers can use everywhere Debit MasterCard is accepted

The company signs service providers Cingular, T-Mobile, Nextel, DIRECTV and Cellular One/Western Wireless

2005

PreCash launches its Vision Preferred Prepaid MasterCard card product that allows the consumer to pay a monthly fee rather than per-transaction fees

PreCash launches new Prepaid Refill product through its WebConnect merchant application

2006

PreCash launches the Vision Premier Prepaid Visa program, and for the first time ever, consumers can buy an actual Visa card at a retailer, activate it in-store and use it immediately to pay a deposit or make a purchase in-store

The company launches with service provider Virgin Mobile, T-Mobile and SunCom to offer prepaid refills<

PreCash is Money Service Business (MSB) licensed in 37 states

2007

PreCash launches an enhanced Vision Premier Prepaid Visa program with consumer friendly pricing<

PreCash launched the Direct General and MetroPCS branded prepaid card programs

The company obtained MSB licensing in all 50 states and the District of Columbia

PreCash expanded its Bill Pay service to include 50 billers in six different payment categories including wireless , local phone, utilities, satellite and cable, and more

2008

The company reached a milestone of placing approximately 30,000 cards monthly

PreCash significantly increased the number of billers offered via the Bill Pay service to more than 150

The company launched bill payment services with MetroPCS and Online Resources

2009

PreCash changed the game for bill-payment processors by launching the Billocity electronic bill payment delivery solution