NetSpend Corporation, a leading provider of prepaid cards for the flow United States, in cash and the ACE Express, Inc., the largest owner, operator and franchisor of transactions used to control the United States, today announced the extension of their agreement ACE for NetSpend distribution of prepaid debit cards for an additional period of seven years. According to the agreement, Irving, Texas, founded by ACE Cash Express is still an exclusive distributor of rechargeable cards for general and Gifts, developed, marketed and processed NetSpend as an agent Meta Bank, the issuer of cards.
The new contract is based on a period of six years between the two companies. Since the beginning of 2002, the ACE Cash Express sold more than 1.6 million NetSpend charge at the debit cards.
ACE Cash Express has established itself as a valuable asset for us over the years, “said Daniel R. Henry, head of the Directorate NetSpend.” They have played a key role to help us to expand our range of services innovation and new products. We are pleased our long partnership with the ACE and the best quality of financial services and the choice of underbanked community. ”
“The alliance between ACE Cash Express NetSpend and combines the strengths of our two companies,” said Jay Shipowitz, CEO of ACE Cash Express. “With the participation of more than seven years as a leading provider NetSpend prepaid, ACE, the distribution of such high quality of financial each other through our network of memory to respond to the changing needs of financial services to our customers.”
About NetSpend Corporation
NetSpend Corporation is a leading provider of innovative technologies, accessible, the prepaid debit cards, which enable the financial freedom of consumer banking. The mass by a financial task of self-help, NetSpend is committed to answer their customers financial services to their needs and offers the convenience, security and acceptance of conventional financial services. NetSpend with his own platform enables the promotion of programmes for pre-paid cards-end acquisition and implementation of customer card customer service and risk management. The NetSpend (R) Network prepaid card includes the first consumer brands and companies a service of the banking and markets at the bank, and its strategic relationships include card issuers, networks and associations of EFT payment cards. For more information, visit http://www.netspend.com.
About Ace Cash Express, Inc.
ACE Cash Express, Inc. is a major provider of financial services, including short-term loans in consumer prices, collection control, and the payment of bills paid and the bank card, and the largest operator of the shop and collection of control to the United States and the second-largest owner and operator of short-term transactions, which the United States consumption. From 1 May 2008, ACE had a network of 1,792 stores in 38 states and the District of Columbia, consisting of 1,694 shops belonging to the company and 98 franchise stores. ACE focuses on the provision of services to consumers, many of which are used to search for alternative solutions traditional relations between banks for the purchase of practice and direct access to financial services. For more information, visit http://www.acecashexpress.com.
About Meta Bank
Meta Charter Bank is a federal savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc. (R) is the holding company for banks Meta Bank, Meta Bank Centre-Ouest, Meta Payment Systems (R) and Meta Trust Company (R). The meta-systems department for the payment of Meta Bank headquarters in Sioux Falls, South Dakota, as the banks, processors and others of commercialisation by the prepaid cards, credit cards, ACH departure, the acquisition of trade, ATM Sponsoring, and the transfer of money. Meta Financial Group is listed on NASDAQ: CASH.
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