This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

FiCentive, Inc. Announces Prepaid Account Funds Loading From Banks

FiCentive, Inc. (OTCBB:PYDS), a leading provider of turn-key prepaid card solutions, announced today the release of a new service which utilizes our existing electronic bill payment network.

Prepaid Load allows any prepaid cardholder to go to their online bill pay site such as or their bank’s online bill pay site, select “” as a payee, and then “pay” their prepaid card by entering their card number. The “pay” function then actually loads value onto their prepaid card from one of their existing bank accounts. The consumer can also utilize Prepaid Load to load funds on other types of prepaid accounts. An example of this product usage to load funds on a prepaid cell phone that needs to be “topped up.”

The prepaid issuer only needs to register with FiCentive as a way to have their cards or their accounts identified to our system. Prepaid issuers can then offer to their customers an easy and convenient way to load money onto their prepaid accounts. is now available as a load option on over 1,000 bank bill payment sites including many major banks that support same day loading of funds.

The model uses a “good funds” model, meaning there is little risk of financial losses for the prepaid account issuer in the loading process and the loading is completed within 48 hours with many loads completed on the same day. Also, Prepaid Load is processing platform independent and implementation can be completed in one day.

Louis Hoch, CEO of FiCentive, said, "This implementation is unique in the industry. It provides a great degree of efficiency and convenience for the prepaid consumer and extends new funds loading capabilities for prepaid issuers, processors, and wireless carriers.”

Hoch continued, “It is a simple registration process for the prepaid issuer. By giving us their account number or BIN scheme, their customers will have immediate access to a new and convenient funds loading network.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs