About Us
Hi, I'm Jake...from State Farm
I started Prepaid Program Management (PPM) in 2017 after watching several Program Managers who had great ideas for payment products struggle with launching. They had great technology, marketing and product folks, but they needed help on the payments and compliance side of things.
Because of their lack of knowledge in this space, they had a hard time getting meetings with important vendors such as banks and processors. They struggled with putting all the technologies together.
I started PPM to help these founders get to market faster so they did not burn all of their investment dollars pre-launch and helped save them millions of dollars in the process.
Jake Posey
p.s. My first job out of college was with State Farm...so, yes, I am Jake from State Farm.
What is our Process?
We have honed our process over the years.
Value Proposition: Understand your idea and help you hone your value proposition
Decide on Structure: Help You determine if you should be a program manager or a sales agent of another program manager
Financial Model: Develop a robust financial model to guide your decision-making
Define & Document: Define and document your payments product in a way that banks, processors and other future partners will "get it"
Due Diligence: Gather and create all items you will need to pass bank due diligence, including compliance
Create Competition Among Future Partners: Engage competing banks, processors, and other partners to negotiate the best price for you
Negotiate Contracts: Lead or assist you in your Contract Negotiations
Implement Your Program: Coach you (or we can do all the work) on implementing your program.
Post Launch Support: Coach and train your team on running your program.
How We are Different
100% Money Back Guarantee
If you are not happy with our service or product, we will refund 100% of your most recent payment. We need to earn your business every single day.
No Long Term Contracts
You have enough people wanting to lock you into long term contracts. We hate those! We want you to keep doing business with us on a month to month basis because you love working with us and we provide you a ton of value. If you need to pivot we won’t hold you back because of some contract.
We Systemize Everything
Many Consultants try to build a custom solution with every client or don't create templates as they go. This costs a lot of your money and eats up a lot of time. We are different. We listen to you to understand your program. Then we start with a template and make tweaks. This helps you get to market faster with an MVP so you spend your investor’s dollars testing and tweaking, not building.
Excellent Client Support
There are some really good service providers in the Prepaid Industry….but there are many, many really really bad service providers. We guarantee that you will receive Ritz-Carlton level support from us or your money back. That’s right! If we don’t give you great service, we will refund your current month’s fees.
Faster Program Start Ups
We are not going to lie to you. We cannot get your program up and running in a few weeks or even a month. No one can. If they tell you they can, then they are lying. But we can help you get started faster. We start by laying out a project plan with all the steps needed throughout the program setup. Most Program Managers and consultants are slowed down because they don’t know all the steps involved in setting up a program from scratch - we've been building our project plan for years. In most cases, a partner asks you to fill out a form or make a decision. However, you have never thought about that question before and need to discuss it with your team. This takes precious time. We help you think about all of these questions before they are asked. This shaves weeks and months off of your timeline...at a time when you have no revenue coming in the door.
Focus on Compliance
It is an unfortunate reality of our business, that compliance needs to be front and center in everything we do. We are certified in compliance and look for ways to say yes to your ideas instead of saying no to everything.
Our Clients
Current & Recent Clients
- Crypto.com
- Sutton Bank
- GroundSwell
- ECARD
- Cascade FinTech
- Token Payments
- The Perfect Processor
- PayCard International
- All Digital Rewards
- CAPITAL Prepaid
- LastCard
- FigLeaf
- MovoCash
- Four Corners Payments
- Global Ventions
- Payactive
- Selah Payments
- Wellthi
- Wingo
- Prime Trust
Former Clients at Former Employers/Companies
- Metropolitan Commercial Bank
- National Bank of Abu Dhabi
- Bendigo Bank of Australia
- Extrameasures
- Parago
- Rapaid! Paycard
- PayOMatic
- Darden Restaurants
- Disney (Partners Federal Credit Union)
- ReadyFunds
- US Bank
- Associated Bank
- MotorCity Hotel and Casino
- Cedar Fair Entertainment
- Canidan Imperial Bank of Commerce (CIBC)
- Comerica
Partners We Work With and Recommend
Issuing Banks
- Sutton Bank
- Metropolitan Commercial Bank
- Axiom Bank
- CenterState Bank of Florida
- MetaBank
- Bancorp
- Central Federal Savings Bank
- Sunrise Bank
- Patriot Bank
- MB Financial
- Central Bank of Kansas City
- CAPITAL Prepaid
- Comerica
- US Bank
Card Processors
- I2c
- Galileo Processing
- CoreCard Software
- QRails
- FSV Payment Systems
- FIS
- Visa DPS
Card Networks
- Visa
- MasterCard
- Discover
- UnionPay
- NYCE
- PULSE
- STAR
- Interlink
- Maestro
Card Production Facilities
- Arroweye
- Gemalto
- CPI Card Group
- Fiserv Output Solutions
- Perfect Plastics
- Oberthur
ATM and Load Networks
- Visa PLUS
- AllPoint
- MoneyPass
- Greendot
- MoneyGram
- Western Union
- BPAY
- Visa ReadyLink
- MasterCard rePower
- BitPay
- IngoMoney
- PayPal
Identity Verification Vendors
- LexisNexis
- IDeology
- Jumio
- Giact
Are you a Fin-Tech or Entrepreneur with a Payments Idea and Unsure Where to Start?
Schedule a FREE 30 minute Q&A call with Us Today. No Selling, We Promise. If You Think We Are Trying to Sell You at the End of the Call, We will Send You a $275 Amazon Gift Card.