EDebitPay, LLC Listed at Number 510 its First Year on the Inc. 5000 List of Fastest Growing U.S. Private Companies
September 26, 2008
Sherman Oaks, CA – EDebitPay is proud to announce that it was listed number 510 its first year in the Inc. 5000. The company was also listed number 27 of the Top 100 Businesses in the Los Angeles region and number 28 of the Top 100 Financial Service Companies in the U.S. Founded in 2002 by CEO, Dale Paul Cleveland, and President, William Richard Wilson, EDebitPay saw a 618% growth since 2004.
“We are thrilled to be honored in the 2008 Inc. 5000 list and thank our marketing partners for their contribution over the years,” comments Wilson. Because it values its affiliate relations, EDebitPay strives to consistently provide top converting products with the highest commissions to the online direct response industry.
Cleveland comments, “In today’s credit crisis, the use of prepaid debit cards will only continue to grow and we are constantly looking for ways to better serve this market. The recognition of this award confirms we are making solid strides to accomplish this goal.” According to FDIC, approximately 13% of American families do not have a bank account. Visa estimates this segment to be approximately $1 trillion in annual income and pays $1.5 billion in annual check-cashing fees. In a recent Forbes.com articles, research has shown that prepaid debit card transactions are estimated to amount to $257 billion by 2009, an increase from $63 billion in 2004 in the U.S.
About EDebitPay
EDebitPay was founded in 2002 with its own prepaid debit cards and has leveraged this market to expand into multiple financial service products. Additionally, EDebitPay holds licensing rights to celebrity-branded debit cards such as Johnny Cash and Mother Love. Through its popular Affiliate Network, list management services, lead generation and top converting products, EDebitPay truly offers all your integrated marketing solutions.
For more information, please contact:
Mistie Johnston
mistie@edebitpay.com
