“It’s an honor to be recognized by Paybefore as a winner in the One to Watch category,” said Jim Collas, President and CEO of OnBudget. "OnBudget is a personal budgeting tool based on a prepaid card platform and a mobile app that tracks transactions, spending categories, and budgets in real time. OnBudget is the only prepaid product specifically designed not to replace, but to complement users’ existing traditional bank accounts, offering significant added value to banked consumers.”
OnBudget 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.
“An industry is only as good as its innovators. This year’s Paybefore Awards have demonstrated that prepaid, emerging and mobile payments companies always find new ways to address consumer, government and business needs,” said
Helping define the emerging “prepaid budget card” product category, OnBudget’s personal finance management program was designed specifically to work in conjunction with users’ existing checking and savings accounts. Founded by seasoned executives with both high-tech consumer product experience and extensive experience in launching innovative prepaid card programs, OnBudget makes it easy for users to be successful with budgeting some of the toughest transactions to manage – daily living expenses.
“The OnBudget platform allows our banking partners to more effectively tap into the prepaid market by offering OnBudget as a bank account companion card that brings clear value to the banked consumer,” continued Mr. Collas. “Banked consumers are now the largest prepaid market segment, yet many banks are struggling to launch successful prepaid programs. This is because banks are not currently offering prepaid products that bring clear value to their customer base.”
OnBudget will now vie for Best-in-Category distinction, which will be announced during the Paybefore Awards ceremony on
For more information, please visit: www.OnBudget.com.
The OnBudget budgeting solution consists of a reloadable prepaid MasterCard and associated smartphone app that enables an unprecedented level of simplicity and effectiveness in managing monthly household spending and budgets. The OnBudget prepaid card addresses a new emerging “prepaid budget card” product category that does not seek to replace, but complements users’ bank accounts and credit cards. The OnBudget solution is optimized for easy budget management, tracking spending trends and giving the user valuable savings insights.
The OnBudget Prepaid MasterCard is issued by
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About Sunrise Banks.
Sunrise Banks, a family-owned, nationally-chartered bank based in