PREPAID ACADEMY AFFILIATE

A New Revenue Source!

Your clients needs compliance and information security training...why not get paid to recommend the best platform.  

Designed for Payments Program Managers - Not Bank Tellers

I was introduced to Compliance Training when I was a Financial Advisor at Merrill Lynch.  Most of the training made sense because I was meeting with customers face to face.  But then I left financial advising and went into a product role in the payments space.  I took the exact same compliance training as a Product Manager that I took as a Financial Advisor.  It did not make sense and I had a hard time connecting the dots of the training to my my day-to-day job - it was a complete waste of time.  And worst of all, the training disappeared once I took it so I could not go back to reference it in the future when I had questions.  

Why Become An Affiliate?

BTW, of all of these courses that I've taken, this seems to apply the best to our particular industry and is easy to read through. Some of the courses I've taken in the past were far too skewed towards in-person banking making it difficult for the average person to comprehend.

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Sarah Zeal
VP Compliance, Cascade Fintech

I’ve been doing this for a long time and this program is great.

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Doug McGann
Founder, Vamos Pay
Keep training cost low

Some of our competitors will charge your clients $400-$800 for every new employee you add to their platform on top of the thousands or tens of thousands of dollars they already pay.  Your clients will never pay additional money when you add employees or contractors.  

Mitigate risk

Well-trained employees are less likely to inadvertently violate regulations, thus significantly reducing the risk of fines.

employees make better decisions

When you train employees in a way that makes it easy for them to apply the new knowledge to their job, you get employees that make better decisions for the company.

employees spend time working, not training

Our courses average 24 minutes and 51 seconds each.  Get your client's employees trained and back to work.  

built with your CLIENTS cashflow in mind.  
  • Monthly and Yearly Plans
  • Cancel at Any Time
  • 100% Money Back guarantee
  • Pause Your Program During Launch
Packed with

Features you'll love

Forever Pricing

The price your client pays out of the gate is the price they will pay forever.  No price increases and no extra charges when they add more employees. 

  • No fee to add employees
  • No Price Increases - EVER
  • The platform grows with you
  • Regulatory Compliance
  • information security
  • Introduction to Payments

Your Basics are Covered

Our basic package covers 1) all the regulations that apply to debit and prepaid card programs, 2) all of your information security training requirements - even if you are PCI Certified, and 3) getting your new employees up to speed on the industry.  

Impactful Content

Your client's employees will receive access to the best training in the industry that they can relate to and use to drive your business forward.  

  • Courses Available All Year
  • Content Update Yearly
  • Tips to Improve Work
  • Access on computer or mobile
  • No Headphones or speakers required (great for call centers)
  • Your logo and custom content enabled

Technology that Helps

We are FinTechs and everything we do should have technology at its core.     

We Put You and Your Team First

For the Managers

  • Concierge level service
  • Self Service Reports
  • Multiple Administrators
  • Phone/Email Support
  • Progress Tracking Reports
  • Track Reviews of Your Policies

For the Learners

  • Printable Certificates for Passing Each Course
  • Pick Up Where You Left Off
  • Direct Access to Our Support
  • Train on their schedule
  • Student Transcripts

For The Banks and Regulators

  • Quick Approval Process (approved by many payment banks today)
  • Easy Audit Reports
  • Custom Content When Required
  • Tips for your employees to make the bank's job easier
  • 90% Mastery Requirement

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Available Courses

Compliance Rules and Regulations

Covers AML, BSA, CIP, CDD, OFAC, Risk Assessments, Fraud, Consumer Complaints, PCI, GLBA, Reg E, UDAAP, CFPB Rule and Non-Compliance.  Average Time To Completion: 34:29

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INFORMATION SECURITY AWARENESS COVERING PCI-DSS 4.0

Covers Reporting Incidents, Common Security Incidents, Phishing, Passwords, Data Access, Computer Security, Phone Security, Internet Usage, Software, Building Security Working in Public Places, Data Retention and Non-Compliance.  Average time to Completion:  32:32

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INTRODUCTION TO PAYMENTS

Covers Prepaid, Debit and Credit Cards, Types of Prepaid Cards, Payment Card Fees, Features, ATMs, Disputes, International Usage, Card Packets Load Options, Rules and Regulations.  Average Time to Completion:  28:04

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OWASP (latest VERSION) TOP 10 PCI Training

Covers each of the top 10 most prevalent vulnerabilities scenarios and prevention.  Average Time to Completion:  31:15

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MARKETING MATERIALS COMPLIANCE FOR CREATORS

Covers 10 most important tips and details by marketing type.  Average Time to Completion:  21:02

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Payments boot camp

10 Hours of Video Courses covering the ecosystem, Partners, Cards, Revenue opportunities, Expenses, Partners, Load Types and Risk, Account Features, Compliance and Fraud. 

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Consumer Complaints Advanced

Covers and Introduction, Complaints Management Process, Policies and Procedures.  Average Time of Completion:  19:05

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ACH and WireS Advanced

Covers an Overview of the Systems, How They Work, Regulations, Compliance, NACHA Rules, Regulation E, Return Codes, Wire Errors,  and Non-Compliance.  Average time to Completion:  22:11

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Regulation E Advanced

Covers Reg E Purpose, Basics, Prepaid Card Specific Provisions, Debit Card Specific Provisions, Communicating with the Cardholder, Errors, Chargebacks, Liability, Recordkeeping, Policies, Procedures, and Non-Compliance.  Average Time to Completion:  25:22

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Regulation p advanced

Covers Scope and Purpose of GLBA, Privacy Notices, Safeguarding Data, and the Components of an Information Security Program .  Average Time to Completion:  25:20

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UDAAP/UDAP Advanced

Covers UDAAP and UDAP Regulations and a Breakdown of Each, Consumer Complaints, Notifications, Policies and Procedures.  Average Time to Completion:  19:37

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HIPAA for Business Associates - new

Covers HIPAA Introduction and Definitions, the Privacy Rule, Security Rule, and Breach Notification Rule.   Average Time to Completion:  ~19:00

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AI For Fintechs - NEW

Covers AI Overview, Ethical Considerations, Applications in Payments, Impact on our Industry, Large Language Models, Best Practices, Prompt Suggestions, Who Owns Inputs and Outputs, Protecting Inputs, What not to Input, and Departmental Usage.    Average Time to Completion:  23.13

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How Much Money Can I Make?

$100

Individual

$100 - you are paid once the client's payment goes through

$1,000

Startup

$1,000 - You are paid after the client successfully makes 4 monthly payments or their yearly payment.

$2,000

Unlimited

$2,000 - You are paid after the client successfully makes 4 monthly payments or their yearly payment.

LIFETIME COMMISSIONS

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How Do I get Paid?

We understand that some people want to get paid but others cannot get paid directly.  We don't judge, we accommodate.  In lieu of a commission, you can give your client a discount or we can make a charitable donation to the 501c3 charity of your choice for the same amount as your commission.

  • Electronic Deposit
  • Client Discount
  • Charitable Donation


Budget Friendly Pricing

Individual

Great For Small Teams

NA

Monthly Plan Not Available

Compliance Rules & Regs Course

Information Security Course

Concierge Level Support

Certificates & Transcript

Team Administration

Company Logo & Policies

Startup

Great For New Program Managers

$300

Per month

All Basic Courses (Compliance Regs, Info Sec, OWASP, Intro to Payments)

All Premium Courses

BONUS - AI for FinTechs Course

Concierge Level Support

Certificates & Transcripts

Team Administration

Company Logo & Policies

most popular

Unlimited

Great for Experienced Program Managers and Payment Banks

$700

Per month

All Basic Courses (Compliance Regs, Info Sec, OWASP, Intro to Payments)

All Premium Courses (Boot Camp, Marketing Materials, Complaints, ACH/Wires, Reg E, Reg P, UDAAP, HIPAA, AI)

Concierge Level Support

Certificates & Transcripts

Team Administration

Company Logo & Policies

Individual

Great For Small Teams

$595

Per year

Compliance Rules & Regs Course

Information Security Course

Concierge Level Support

Certificates & Transcript

Team Administration

Company Logo & Policies

Startup

Great For New Program Managers

$3,000

Per year

All Basic Courses (Compliance Regs, Info Sec, OWASP, Intro to Payments)

All Premium Courses

BONUS - AI for FinTechs Course

Concierge Level Support

Certificates & Transcripts

Team Administration

Company Logo & Policies

most popular

Unlimited

Great for Experienced Program Managers and Payment Banks

$7,000

Per year

All Basic Courses (Compliance Regs, Info Sec, OWASP, Intro to Payments)

All Premium Courses (Boot Camp, Marketing Materials, Complaints, ACH/Wires, Reg E, Reg P, UDAAP, HIPAA, AI)

Concierge Level Support

Certificates & Transcripts

Team Administration

Company Logo & Policies

Your Clients are fully protected by our 100% Satisfaction-Guarantee

If, for any reason, you don't like this product you will receive a refund.  If you are on a yearly plan we will refund your full year's tuition during the 1st two months or a prorated amount after that.  If you are on a monthly plan, we will refund your most recent payment.  

How Do I Sign Up?

1.

Decide if you want paid a commission, to donate to a charity or give your client a discount.  

3.

Talk to your clients and send introduction emails.  

About the Instructor

Jake Posey is a Certified Anti-Money Laundering Specialist (CAMS) and has served as a AML Compliance Officer, Information Security Compliance Officer and HIPAA Compliance Officer for Program Managers.  Jake has his MBA and is an Adjunct Instructor at a state college.  He has served as a compliance officer for leading edge programs transacting in crypto, international money transfers, and other high risk programs.  His typical AML and SOC II audit has 5 or fewer minor findings.  He has also helped banks start up their AML and CDD programs as well as fix their compliance systems.  

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Jake Head shot

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Faq.

How do I sign up?

You just need to schedule a meeting with Jake Posey.  He will answer all of your questions, get you access to the courses and gather the necessary information.  Click here to schedule your meeting.  

When do I get paid?

You get paid after we get paid.  We offer monthly and and yearly payment plans.  If your client pays monthly, you will need to wait until we collect enough funds from the client to pay your commission.  Alternatively, if your client pays yearly, you will be paid right away.  

What happens if my client is not happy?

We have a 100% money back guarantee.  If the client pays monthly, they will receive the most recent monthly payment back.  If the client pays yearly, they will receive a prorated amount of their payment back.  If a client cancels before the 4th payment is made, no commission payment will be made.  If the client paid yearly and cancels before the 4th month, we will request your commission payment back.  

Can you create custom courses?

Yes, we do this all the time.  If you identify a training idea that you would like to have created, we are happy to quote this for you.  If it is something that we can use and sell with our course offerings, then we will give you a large discount (like 80% - 90% large) to create the course.  Just like you, we are entrepreneurs and love to sell something before we create it :-).  No commission is paid for custom courses.  

what happens if our bank does not approve your training

First, we would be surprised because this has never happened before.  But if it does, we will work directly with the bank to make any necessary changes to get it to a point where it will be approved.  

Can I preview the courses?

Yes, once you sign up you will receive access to the courses in an account that you can demo the product.

How do I sell the Product?

You will have access to the academy so you can demo the product yourself.  Alternatively (Preferred Method), you can just email us with an introduction email and we will take it from there.  We will notify you once the first payment is made.  

I need something to send to the bank for my due diligence approval

We created a bank approval packet just for this reason.  Here is a link to our latest bank approval packet.  

Do I only get a comission the first year?

No, you will be paid a commission every year that the client renews.  

Who supports the client?

The academy comes with both self service and concierge level service.  We will handle all service requests.

Can I discount the Academy?

You can give a full discount of your commission in lieu of receiving your commission. No partial discounts are allowed.  

Do you have marketing materials

We try to keep the marketing materials simple - just point them to http://www.prepaidpm.com/prepaid-academy-payments-academy/

Can a Program Manager or Bank add their clients to the system?

Yes, but this is not included in their price.  Let's say a bank or a white label program manager is using the academy today for their staff.  They like the academy and want to have their program managers or sales agents (sub clients) take the same training or a subset of the training.  They have two options.  

  1. The bank or program manager can send introduction emails to us and we will sell the training to the sub-clients.  In doing so, we can add someone at the bank or program manager as a secondary group manager for the sub client's instance.  In these cases, you will receive your full commission based on what the sub-client purchases.  
  2. The bank or program manager can mandate the sub-client uses this training and bill the sub-clients directly.  In these cases, the discount will pass to the bank or program manager and we will bill the bank or program manager for each training module setup.  This leaves room for the bank or program manager to charge full price to the sub-client (still a great deal) and the bank or program manager can earn revenue off the product as well.  In these cases, you will not receive any commission based on the training assigned to the sub-client.  

Documents

Below are all the documents you will need to recommend the Academy to your clients.  

This packet contains an outline of every course available in the Prepaid Academy, how it's quiz scoring works and what the reports look like.  This is designed to provide to banks during due diligence and to auditors during audits.  

If you are paid more than $600, you will need to download this form, fill it out and send it securely to us.  

Most clients will just sign up and pay for the academy on the website.  However, some clients request an agreement and you can download it here.  

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