NetSpend is an Austin-based company. It is a leading provider of reloadable prepaid debit cards and other alternative financial services. NetSpend serves approximately 60 million underbanked consumers in the United States.
MasterCard and Visa prepaid debit cards is the cards that served by NetSpend. NetSpend also sells cards at about 10,000 grocery and convenience stores, gas stations and check-cashing centers nationwide. Now, NetSpend becomes the largest prepaid debit card processor and marketer in the United States.
NetSpend has 225 employees, annual revenues in the $75 million to $125 million range and processes over $5 billion annually in card transactions, according to a journal. NetSpend also has a website that has over 1 million customers nationwide.
NetSpend was founded in 1999 and today it helps 7 million consumers to make purchases, pay bills, and shop online without the need for a bank account or credit history. Certainly, it’s a helpful service. Most of NetSpend consumer is looking for an alternative to check cashing, a way to avoid credit card debt and expensive bank fees or a convenient way to receive their tax refund. And NetSpend gives all what they need.
You also can join to be NetSpend customer and take benefits from its services. For more information, you can visit NetSpend website at www.netspend.com.
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