Meta was built on the vision to promote financial inclusion for everyone. Founded
in 2004 by president Brad Hanson and a small core team, Meta quickly developed a
reputation as a leader in the prepaid industry.
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2004
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Meta Payment Systems, a division of MetaBank, is established in Sioux Falls, SD
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2005
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Meta Payment Systems is recognized as one of the premier financial institutions
in the prepaid arena
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2006
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Meta Payment Systems completes two patent applications for software developed to
support partner programs
At the end of the year, 500 banks representing 3,600 branch locations nationwide
are selling gift cards through agreements with Meta Payment Systems
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2007
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At fiscal year-end, Meta Payment Systems supports partners by implementing more
than 1,110 prepaid programs and issuing 35.7 million cards, up 94 percent and 49
percent, respectively, from 2006
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2008
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Meta Payment Systems delivers resoundingly on a primary initiative, which increases
revenue 76 percent and adds 124 percent to non-interest income
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2009
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Meta Payment Systems achieves record growth, increasing fiscal-year revenue by 83
percent from 2008 to $86.8 million for 2009
Meta Payment Systems reaches billionth ACH transaction
Meta president Brad Hanson receives the Paybefore Industry Achievement Award
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2010
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Meta Payment Systems reaches 2 billionth ACH transaction
Meta Payment Systems increases fiscal-year revenue 23 percent from 2009 levels to
$106.469 million for 2010
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2011
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The tough regulatory environment continues – despite discontinuance of our iAdvance
and tax lending products, Meta's organic growth is on track to achieve our second-highest
operating profit in our company's history
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2012
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Meta Payment Systems reaches 5 billionth ACH transaction
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2013
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Meta Payment Systems issues 400 millionth prepaid card
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