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BillMyParents Partners With the Leading Summer Camp Technology Company in the U.S., Bunk1.comBunk1.com to Offer BillMyParents Prepaid Card for Teens to a Group of Its 2,000 Affiliated Summer Camps (April 16, 2012)
SAN DIEGO, CA -- (Marketwire) -- 04/16/12 -- BillMyParents, Inc. (OTCQB: BMPI) (OTCBB: BMPI) -- the Responsible Teen Spending Company -- is pleased to announce a new partnership with Bunk1.com, the leading summer camp technology company in the United States. Under the terms of the agreement, Bunk1.com will make available the BillMyParents prepaid card for teens to a group of the 2,000 summer camps that utilize their service. The reloadable, prepaid card and service will be offered to registrants and their parents as an electronic solution to carrying and accounting for cash during summer camp attendance and beyond.
"Parents no longer have to worry about their kids losing cash, or not knowing how money is being spent while away at summer camp," said Mike McCoy, BillMyParents' Chairman and Chief Executive Officer. "Using our prepaid card at camp is an outstanding way to keep parents connected and teens accountable and protected. Camps can also rest easy when teen campers use our card -- they no longer have to deal with the logistics and headaches of handling cash."
Bunk1.com, the leading summer camp online registration company in the U.S., will promote the BillMyParents prepaid card for teens via a group of Bunk1.com-affiliated summer camps. Teen cardholders will be able to use their cards on-site at camps around the country to pay for goods and activities. Once their camp experience is over, card users can seamlessly transition to every-day use, and continue to responsibly manage spending.
"We are very excited about our partnership with BillMyParents," commented Ari Ackerman, Founder and CEO of Bunk1.com. "Their prepaid card adds a new level of convenience and safety for our campers, and critical peace of mind for their parents."
For more information about BillMyParents, please visit: www.BillMyParents.com
BillMyParents, Inc. (OTCQB: BMPI) (OTCBB: BMPI) offers a solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart MasterCard card is the instantly trackable, 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. For more information, please visit www.BillMyParents.com.
The BillMyParents SpendSmart MasterCard card is issued by University National Bank pursuant to license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.
Bunk1.com provides Summer Camp technology services to over 2,000 camps in the United States and Canada. Bunk1 services include Bunk Notes (one-way E-mail), Bunk Replies (fax based return email technology), a password protected online photo gallery, and more! Bunk1DB.com also offers a fully integrated and web based online registration and camper management program, which includes a sophisticated Camp Scheduling module.
Certain statements contained in this press release are "forward-looking statements" within the meaning of federal securities laws, including, without limitation, anything relating or referring to future financial results and planned business activities. Such statements are inherently subject to risks and uncertainties, which include, without limitation, those in Company reports filed with the SEC. The Company can give no assurance that such expectations will prove correct. Future events and actual results could differ materially from those statements.
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