NetSpend and Western Union will develop the co-branded card’s custom features jointly, via NetSpend’s proprietary payments platform, and both companies plan to deliver the card through a portion of their combined distribution networks later this year.
NetSpend has a network of 70,000 distribution locations and 130,000 reload points. Western Union offers its services in the US through a network that includes banks, national retail and grocery chains and independent locations.
In July 2013, global payment services company TSYS completed the acquisition of NetSpend.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.