"Concerns about the economy have consumers looking to control spending andavoid debt, therefore many are seeking new ways to pay for gifts and managetheir money," said John Chaney, PreCash Chairman and CEO. "Cash isn'talways an option because there's a lot you can't do without a card.Consequently, many are turning to prepaid debit cards like our Vision card,to stay on budget while maintaining access to financial services likeshopping on the Internet, reserving a hotel room for holiday travel, payingtheir bills or accessing direct deposit."

The PreCash survey of its Vision Premier(SM) Prepaid Visa® Card usersrevealed that the top five reasons people get a prepaid card are:

-- To pay bills-- They wanted a Visa card-- They wanted direct deposit-- To avoid carrying cash-- To shop online

With the holidays just around the corner, the survey findings come on theheels of rising interest rates and recent studies saying banks fees aregrowing.

"Prepaid debit cards are a flexible alternative because bill payment,direct deposit and not having to carry large amount of cash give peopleways to manage their money, and the cards come without the risks ofoverdraft fees or increased debt," adds Chaney. "With the Vision card,consumers can't damage their credit and they can spend only the moneythat's loaded to the card."

Prepaid debit cards are not only attractive to holiday shoppers on abudget, but appeal to the 75 million financially underserved consumers inthe U.S. Underbanked consumers using the Vision card can avoid checkcashing fees, manage their money via online account access, track theirbalance with e-mail and text alerts, and transfer money to friends andfamily.

Like traditional debit and credit cards, The Vision card is branded by amajor card network, Visa. Similarly, it is issued by a regulating bank. Theforemost difference is that you don't need a bank account or a line ofcredit to get the Vision card. Vision is accepted everywhere Visa debitcards are accepted, and it provides access to cash at millions of ATMsworldwide. Cash is loaded onto the card at retail locations or via directdeposit.

About PreCash, Inc.

PreCash provides convenient, real-time payment solutions that convert cashinto electronic payments for consumers who do not use traditional paymentmethods such as credit cards or bank accounts. PreCash offers the VisionPremier(SM) Prepaid Visa® card and other prepaid Visa and MasterCard®products, prepaid debit card program management services, real-time cashbill payments, prepaid wireless refills, payroll card products and more.The company places more than 30,000 prepaid debit cards in the marketmonthly and services more than 30,000 national retail, wireless dealers andindependent retail locations nationwide. Founded in 1998, PreCash isheadquartered in Houston, Texas, with additional offices in Portland,Oregon. For more information, visit www.precash.com, orwww.visionprepaid.com.

About the Survey

The Vision Premier Consumer Study consisted of nearly 500 telephoneinterviews of users of the Vision Premier Prepaid Visa Card.

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CONTACT:Jeff FowlerPreCash, Inc.713-600-2350Email Contact