BillMyParents.com ($BMPI) offers the perfect solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart Card is the only instantly track-able, reloadable MasterCard prepaid card that lets parents and teens track spending in real time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts.
The Company recently received a category win at the Paybefore Awards for Best Youth/Student/Campus Prepaid Program. The prestigious annual Paybefore Awards, which is in its 6th year, "recognizes excellence throughout the worldwide prepaid and stored value industry. BillMyParents was one of three prepaid program finalists vying for the best in category distinction." Read more about the BMPI award.
After the win, BillMyParents CEO Mike McCoy was briefly interviewed about his view of the company, what he believes sets the BillMyParents SpendSmart card apart from the competition, and what audience the SpendSmart card is primarily for.