Prepaid debit card use is on the rise. According to the recent Pew Prepaid Cards Research Project, the prepaid debit card industry is a fast-growing, multi-billion dollar segment serving tens of millions of consumers. “There are many reasons consumers use preloaded debit cards,” said Ben Katz, CEO of CARD.com, a leading provider of reloadable, prepaid
Green Dot Corporation and Walmart announced they have expanded the line of Walmart MoneyCard® reloadable prepaid debit cards to include six new card types designed to meet the needs of their growing customer base. Issued by Green Dot, the Walmart prepaid debit card portfolio now includes nine cards, and is available in more than 4,100 Walmart
TSYS and NetSpend Holdings, Inc. announced that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly owned TSYS subsidiary and TSYS’ fourth operating segment focusing on direct to consumer products and services. NetSpend will continue to be led by chief executive officer Dan Henry and president Chuck Harris. The segment will report
