PreCash Names Jim Lerdal Senior Vice President Operations

Former Pinnacle Financial Strategies, International Check Services and First Data Executive Brings 24 Years Banking and Financial Services Experience to Leading Payments Company

HOUSTON--()--PreCash, a leading payments and transaction processing company, today announced that Jim Lerdal has been named senior vice president of operations. Jim brings more than 24 years of financial services and operations experience to the PreCash executive team.

"Jim has extensive experience in the payments and financial services industry, much of that time spent in a leadership role helping companies improve operations, implement best practices and improve customer satisfaction,” said Steve Taylor, CEO, PreCash. “As we continue expanding our retail and virtual payments presence, he will do an excellent job to ensure we maintain our tradition of operational excellence with an intense focus on serving our customers.”

Prior to joining PreCash, Lerdal was COO with Pinnacle Financial Strategies, president and CEO of International Check Services and spent nearly ten years with First Data where he rose through the operations ranks to become a business unit president.

Lerdal also served on the board of directors for Commerciant. He has a bachelor’s degree from the University of Minnesota, an MBA from Southern Methodist University and completed the Harvard Business School Advanced Management Program.

About PreCash, Inc.

PreCash improves lives and business through payments and is a leader in payments services and transaction processing. We help cash-paying and underserved people access mainstream financial services, help financial institutions deliver their customers faster transactions, and help our partners generate revenue and build stronger bonds with consumers. We offer bill payment processing solutions, walk-in payments services, Visa®, MasterCard® and Discover® prepaid solutions, mobile apps and online payment solutions to retailers, financial institutions, consumers, the mobile industry, and more. PreCash serves more than three million consumers and touches nearly $3 billion in payments annually. Our products are serviced in more than 100,000 retail locations nationwide. Founded in 1998, PreCash is headquartered in Houston, Texas, with an additional office in Portland, Oregon. For more information visit www.precash.com; Twitter: @precash: twitter.com/PreCash; LinkedIn: www.linkedin.com/company/29424?trk=tyah

Contacts

PreCash, Inc.
Jeff Fowler, 713-600-2350
Jeffrey.fowler@precash.com

Release Summary

Jim Lerdal joins PreCash as Senior Vice President of Operations, bringing 24 years of banking and financial services experience to the payments services and transaction processing company.

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Contacts

PreCash, Inc.
Jeff Fowler, 713-600-2350
Jeffrey.fowler@precash.com