PRECASH Offers DISH Network Customers Easy Way to Process Payments

silversurfer

Supporting Founder
Supporting Founder
Sep 8, 2003
1,147
1
Las Vegas, Nevada
HOUSTON--(BUSINESS WIRE)--May 25, 2004--PreCash(R), Inc., a leading electronic payment company, today announced a partnership with EchoStar Communications Corporation (Nasdaq:DISH) that will enable participating PreCash locations to begin processing DISH Network(R) payments using the Viewer's Instant Payment (VIP) Card from PreCash.

PreCash offers DISH Network customers a new way to pay their satellite bill with cash. The reusable VIP card is electronically linked to the customer's DISH Network account, which allows customers to make payments in any amount up to $1,000. The PreCash process is simple -- customers present their VIP card with any amount of cash and their transaction posts automatically, allowing customers to watch their DISH Network service as soon as they get home. The VIP card itself does not hold any value, which protects the customer's funds on the account, should the card be lost or stolen.

"We are pleased to partner with DISH Network to offer a nationwide payment solution that is easy, convenient and secure for both customers and retailers," said John Chaney, president and CEO of PreCash. "Now DISH Network customers can make payments at over 20,000 participating PreCash locations."

As an added convenience, PreCash offers both interactive voice recording and online store locator services. Customers simply enter their five-digit ZIP Code to locate the closest PreCash location participating in the program. The locations provide easy access for millions of DISH Network customers who use the PreCash card to pay for their monthly satellite service for a small convenience fee.

About PreCash

PreCash has built the industry's leading payment network that revolutionizes the way retailers and service providers collect cash payments and deposits for prepaid or postpaid subscription-based services. From its more than 22,000 retailers, PreCash is able to provide electronic access to the payment system to over 50 million Americans who do not have a credit card or bank account. These cash-paying customers benefit from a solution that quickly turns their cash into an electronic payment that is easily handled by retailers and accepted by service providers. Founded in 1998, PreCash is headquartered in Houston, Texas, with offices in Portland, Oregon and Atlanta, Georgia. For more information, visit www.precash.com.

About EchoStar Communications

EchoStar Communications Corporation (Nasdaq:DISH) serves more than 9.7 million satellite TV customers through its DISH Network(R), and is a leading U.S. provider of advanced digital television services. DISH Network's services include hundreds of video and audio channels, Interactive TV, HDTV, sports and international programming, together with professional installation and 24-hour customer service. DISH Network is the leader in the sale of digital video recorders (DVRs). Visit EchoStar's DISH Network at www.dishnetwork.com or call 1-800-333-DISH (3474).

(C) Copyright 2004, PreCash Corporation. All brands or products mentioned are trademarks or registered trademarks of their respective holders and should be treated as such. All rights reserved.

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dlsnyder

SatelliteGuys Pro
Sep 8, 2003
1,825
3
Moreno Valley, CA
I thought that Dish was actively avoiding this market segment due to the higher risk of non-payment and ultimately dealer chargebacks. You could almost call this a "pre-paid" satellite service, kind of like a pre-paid wireless phone. They should give away 111s with activation on this plan - just pay as you go for the level of service you can afford.
 

Stargazer

Supporting Founder
Supporting Founder
Sep 7, 2003
16,563
340
Western WV
I agree, I think prepaying for satellite tv service could be a good thing for some people as they just pay in advance for what they want or have a balance in their account, or for higher risk customers.
 

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