NetSpend and Western Union team up for co-branded prepaid card

Tuesday 22 April 2014 13:56 CET | News

US-based prepaid cards and financial services provider NetSpend has teamed up with Western Union in order to develop a co-branded prepaid card.

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.

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Keywords: NetSpend, Western Union, co-branded prepaid card, prepaid card, card, US
Categories: Payments & Commerce
Countries: World
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