Prepaid Solutions Expands Management Team, Adds Industry Veterans Peter Mahr and Brad Fauss

Mahr and Fauss bring extensive experience, talent and depth to new roles

2010-09-12

ATLANTA, GA, September 12, 2010 (Press-News.org) Prepaid Solutions, Inc. (PPS), a payments company offering comprehensive prepaid debit card solutions for corporate clients, self-banked and under-banked consumers, announced the expansion of its management team with the additions of industry veterans Peter Mahr as executive vice president of sales, and Brad Fauss as executive vice president and general counsel.

"Peter and Brad will bring additional talent and depth to our management team as we continue an aggressive growth strategy," said Kenneth Goins, CEO of Prepaid Solutions. "Their experience and expertise will bolster our ability to provide exceptional service to our clients amid today's complex and dynamic marketplace."

Mahr has an extensive background in prepaid program management and debit processing, most recently serving as executive vice president of sales and business development for Skylight Financial Inc., an Atlanta-based payroll card provider. Prior to Skylight Financial, Mahr was vice president of business development for WildCard Systems, an open loop payment processor subsequently acquired by eFunds (NYSE: EFD), and later Fidelity Information Systems (NYSE: FIS). Mahr also held various sales management positions for Certegy's e-Banking division, now a part of FIS.

Fauss is a payments industry veteran with more than 10 years of electronic transaction processing experience, including leadership positions at Global Payments, TSYS Prepaid and Springbok Services, as well as law firms Parker Poe Adams & Bernstein LLP and Alston & Bird LLP. Fauss is a frequent speaker on legal, regulatory and compliance issues affecting the debit, credit and prepaid card industries, and is an active member of the Network Branded Prepaid Card Association (NBPCA). Fauss sits on both the Board of Directors and the Executive Committee of the NBPCA.

About Prepaid Solutions, Inc.
Prepaid Solutions (PPS) is a payments company offering comprehensive prepaid debit card solutions for corporate clients, self-banked and under-banked consumers. Solutions include payroll, general-purpose reloadable, performance, incentive, reward and gift. PPS also provides marketing, design, distribution, and fulfillment services in support of its products. The company's consumer-based products are available for purchase in more than 2,000 retail stores and are reloadable via multiple retail networks nationwide. PPS has locations in Atlanta; Burr Ridge, Ill.; Englewood, Colo.; Hartland, Wis.; and Miami. Visit http://www.prepaidsolutions.com to learn more.

Fletcher Public Relations is a PR consultancy specializing in B2B media relations and executive visibility.

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Prepaid Solutions Expands Management Team, Adds Industry Veterans Peter Mahr and Brad Fauss

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