Netspend Corporation

NetSpend Corporation is one of the largest prepaid debit card ISOs in the U.S. NetSpend is the ISO for the Netspend line of prepaid debit cards, including the Netspend prepaid MasterCard and the Netspend prepaid Visa card.

NetSpend, Corp. Corporate Overview

NetSpend is one of the leading providers of reloadable prepaid debit cards and prepaid debit card services in the United States. The company's debit cards enable virtually anyone to make purchases, pay bills, secure reservations, and shop online without the need for a bank account or credit history. NetSpend's mission is to empower consumers with the convenience, security and freedom to be self-banked. NetSpend targets the 84 million United States citizens who lack or choose not to have a traditional bank account to become full participants in mainstream economic life. This low to moderate income (LMI) population receives over $1.1 trillion in payments from employers, state and government entities, and holds enormous spending power. NetSpend's customers range from people who don't have the credit histories or minimum account balances that banks require, to people who want to avoid confusing fee structures and statements, to casual users such as teens managing their allowance and travelers who want to protect their cash on the go. Operating nationally, NetSpend has one of the most convenient and accessible retail networks in the country, including more than 30,000 card purchase locations and a total of approximately 90,000 debit card reload locations. NetSpend also offers full self-service sales and delivery capabilities through its web and mobile platforms. NetSpend's proprietary, end-to-end approach is scalable and customizable, delivering cost benefits and revenue building opportunities to partners. The company manages all aspects of the debit card lifecycle, from managing the card design and approval processes with partners and associations, to production, packaging, distribution, and personalization. NetSpend also oversees inventory and security controls, renewals, lost and stolen card management and replacement. Netspend Corporation is a participant in the Better Business Bureau, and as of December 15, 2009 has a BBB rating of "A+". Please check their current rating by checking out the BBB page on Netspend Corporation.