PreCash, Prepaid Energy Solutions to offer prepaid utility payments

Under the terms of the deal, PreCash will accept payments for a range of utilities in almost 10,000 of its walk-in retail locations nationwide.

The agreement will increase the number of locations where cash-paying consumers can go to prepay for service from Direct Energy Power to Go, CPL PrePaid Electricity, PowerHouse Prepaid Energy, Selma FlexPay Electric, Prepay Energy, APG&E and more.

In order to pay, consumers will have to register with a utility provider which offers a participating program. Once registered, consumers take their account number to a participating PreCash merchant and pay with cash. They can add money to their account any time. Prepaying for utilities allows consumers to pay at the last minute and avoid late fees. In addition to prepaid energy, PreCash offers walk-in payments for prepaid long-distance, wireless services and cable.

PreCash was founded in 1998 and it provides bill payment processing services, walk-in payments services, Visa prepaid card and MasterCard products and solutions and mobile financial solutions for service providers, financial institutions, consumers, the mobile industry, retailers and others.