AccountNow® Named Winner in Fifth Annual Paybefore Awards

SAN RAMON, Calif., Jan. 25, 2011 /PRNewswire/ -- AccountNow Gold Visa Prepaid Card has been chosen as a winner in the Best General Purpose Reloadable Program: Online Sales Category, by Paybefore, the leading information provider to prepaid and stored value industry professionals.  Paybefore Awards, now in its fifth year, is the most prestigious recognition of excellence in the industry.  The awards are presented annually by Prepaid Media, whose Paybefore publications are the leading source of industry information for the global prepaid community.

AccountNow Gold Visa Prepaid Card was selected by a panel of five industry experts who served as judges for this year's competition which, once again, included a record number of entries from around the world.

"Paybefore Awards were created to celebrate the innovators of our industry who are using prepaid to transform payments with ever more efficient and accessible products," said Lorraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. "Our industry is growing rapidly because of companies like AccountNow, who continually improve their products and services or create new ones," she said.

AccountNow Gold Visa Prepaid Card is a unique way for consumers without traditional banking relationships to experience the power of the Visa brand, recognized at millions of locations worldwide, and the prestige of a gold card with high daily and monthly limits, when enrolled in Direct Deposit, to withdraw cash, make everyday purchases, shop online or pay bills.  And with a $3000 or more deposit in a month the cardholder pays absolutely no monthly service fee.

"Winning this recognition from our peers confirms what we in the prepaid industry have known all along.  We may compete toe to toe 24x7, but we also pause to honor the innovations that make us better and make life a little better for the 40 million lower income consumers who need what we deliver.  At the end of the day, it's the consumer who is really the big winner," said AccountNow, Inc. CEO, Jim Jones.

About AccountNow, Inc.

AccountNow (www.accountnow.com), headquartered in San Ramon, California, is a leading provider of financial solutions for the 40 million U.S. consumers who do not have established credit or traditional banking relationships. AccountNow provides consumers an alternative to "traditional" checking accounts and access to financial payments systems, including Visa and Mastercard prepaid cards, Online Bill Payment, card-to-card transfers and FDIC insured deposits.

SOURCE AccountNow, Inc.