NetSpend partners with Check City for prepaid cards in the West and Mid-Atlantic

NetSpend A provider of card-based prepaid financial products to underbanked customers NetSpend has signed a distributor agreement with Check City, a check cashing and payday loan provider in the Mountain West and Mid-Atlantic regions. The distributor agreement positions NetSpend as the chain’s exclusive prepaid debit card provider. With 70 stores in Nevada, Utah, Virginia, Maryland and Colorado, Check City will increase NetSpend’s check cashing distribution in these regions and is expected to drive significant card sales and direct deposit enrollments.

In conjunction with the exclusive distributor agreement, Check City will work with NetSpend to convert customers previously served by Check City’s in-house prepaid product to the NetSpend card.

Chief executive officer at NetSpend Dan Henry said: “Our mission at NetSpend is to bring an unmatched set of financial services products to the tens of millions of consumers who are overlooked and underserved by traditional banks. By partnering with Check City—a company whose passion for top-quality customer service and exceptional products is as strong as ours—we are better able to deliver on that mission in the West and Mid-Atlantic regions.”

Check City NetSpend cardholders can reload their cards at the 70 Check City stores and at approximately 90,000 other locations throughout the country. Besides, cardholders have access to free direct deposit, online bill pay and card-to-card transfers.

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