SpendSmart Launches Financial Literacy Badge Program With Girl Scouts Hornets’ Nest Council

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SpendSmart launches new badge program for Girl Scouts in North and South Carolina.

We are excited to launch our new, leading-edge financial literacy program with SpendSmart and the lifelong benefits the information gained from it will provide to the girls.

The SpendSmart Payments Company (OTCBB: SSPC), a provider of prepaid payment programs and mobile merchant marketing programs, announced today it has launched a new Financial Literacy Badge Program with the Girl Scouts Hornets’ Nest Council of Charlotte, North Carolina, a chapter of the Girl Scouts of the USA. The innovative program includes extensive financial literacy materials designed specifically for troop members and leaders, supporting the need for teens to develop smart and practical money management and spending habits along with an opportunity to sign up for the award winning SpendSmart™ Prepaid MasterCard® for teens and their parents.

The program is available for Cadettes, Seniors and Ambassadors, and includes worksheets on identifying needs vs. wants, fixed and variable expenses, how to track spending, explanation of various payment products and more. The Girl Scouts Hornets’ Nest Council serves over 16,000 girls throughout an eight-county footprint in North and South Carolina. Today, there are 3.2 million Girl Scouts worldwide, with 2.3 million girl members and 890,000 adult members working primarily as volunteers. SpendSmart expects to offer this program to Girl Scout troops across the country.

“We are excited to launch our new, leading-edge financial literacy program with SpendSmart and the lifelong benefits the information gained from it will provide to the girls,” said Melanie Miller, Vice President – Membership Services of the Girl Scouts Hornets’ Nest Council. “This successful launch is the result of a strong partnership and strong team-based collaboration between our organizations to deliver innovative teaching materials and arm our girls with vital lessons, helping them develop smart money practices. In addition, we are glad to provide an opportunity for our community’s families to sign up for the SpendSmart Prepaid MasterCard, which we believe is a tremendous way for them to help manage teen spending.”

“It has been a wonderful collaboration with the Girl Scouts Hornets’ Nest Council of North Carolina to develop such an extensive financial literacy program that will certainly benefit the girls in gaining financial management and payment product knowledge that will have lifetime value,” said Bill Hernandez, President of The SpendSmart Payments Company. “Building the new financial literacy curriculum allowed us to further our commitment to providing families with teens the resources they need to help young people learn about and practice responsible financial decisions. This partnership model has opened the door for us to work with additional Girl Scouts councils across the U.S., allowing us to share the unique financial learning benefits inherent to our SpendSmart Card, mobile app and resource center. We look forward to developing new partnership relationships while continuing to play an active role in supporting financial literacy.”

For more information, please visit: http://www.SpendSmartCard.com

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About Girl Scouts
Girl Scouting was founded in 1912 by Juliette Gordon Low in Savannah, Georgia. She understood that giving girls the tools they needed to become self-reliant would benefit them most in the long run. She never wavered in her conviction that believing in yourself, and in your ability to think and make decisions in your own best-interest, was the underpinning of real success, and real happiness.

Girl Scouts Hornets’ Nest Council received its first charter from Girl Scouts of the USA in 1935. Today, the council serves more than 16,000 girls with over 6,500 volunteers in eight counties in North and South Carolina: Anson, Cabarrus, Mecklenburg, Montgomery, Rowan, Stanly, Union and York (SC).

About The SpendSmart Payments Company
The SpendSmart Payments Company, Inc. (Ticker:SSPC) is making money smarter. The Company is expanding its prepaid debit card services from issuing its own cards to a broad range of user demographic segments, to the providing SpendSmart Program Manager services to third-party card programs. The Company’s primary product, the SpendSmart Prepaid MasterCard for teens, offers resources to families with teens who want to learn responsible spending habits. The SpendSmart card provides its users with modern methods of developing financial literacy, centered around a card solution for parents who aim to guide their teens in making sensible, economic choices. The card, mobile app and website helps open the lines of communication between parent and teen by tracking spending in real time and, ultimately, creates teachable moments around smart spending habits. For more information, please explore http://www.spendsmartcard.com.

Safe Harbor Statement
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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Nicole Jacobsen
SMS Masterminds
since: 08/2010
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