PreCash was founded in 1998 in Portland, Oregon with the vision of providing payment options and opportunities not served by the traditional credit and debit card models. What follows is a brief timeline of milestones achieved in the years since then.

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 filed to the groundbreaking PreCash payments model

PreCash passes Visa certification

2000

PreCash launches its services with merchant RadioShack and service providers PrimeCo and Sprint

2001

PreCash launches with merchant Wal-Mart and service provider Verizon

PreCash gets a new CEO, John Chaney

PreCash headquarters moves to Houston, Texas

2002

PreCash launches its WebConnect merchant application

2003

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

PreCash hits milestone of processing 1 million payments in a single month

2004

PreCash launches its Vision Select Prepaid MasterCard card product, an authentic MasterCard product that consumers can use everywhere Debit MasterCard is accepted

PreCash named as one of 50 top growth technology companies in Houston market by Houston Business Journal

PreCash 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 signs over 6,000 new merchants, bringing total merchant outlets to approximately 85,000

PreCash named to Inc. 500 fastest growing private companies and Deloitte Fast 500 lists

PreCash launches new Prepaid Refill product (ePINS) through its WebConnect merchant application

2006

PreCash launches the Vision Premier Prepaid Visa program. 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.

PreCash launches with service provider Virgin Mobile