SIOUX FALLS, S.D., June 30, 2015 /PRNewswire/ -- MetaBank's
payment solutions division, Meta Payment Systems®,
recently signed a five-year agreement to extend its relationship
with NetSpend, a TSYS company (NYSE: TSS) and prepaid provider of
choice to self-banked consumers and the brands that serve them.
MetaBank and NetSpend have been working together to issue prepaid
cards for nearly 10 years.
MetaBank President Brad Hanson
said that NetSpend's mission fits well with MetaBank's vision.
"Financial inclusion and empowerment for everyone is central to
everything we do in our business," he said. "NetSpend's core values
have made our partnership a perfect fit that we hope to continue
for years to come."
"MetaBank is an ideal partner," said NetSpend President
Chuck Harris. "MetaBank matches and
passionately supports NetSpend's commitment to innovation and
providing best-in-class financial services to so many of our valued
consumers," he said. "We are excited about what the next five years
will bring, and look forward to further developing our relationship
with MetaBank."
About NetSpend, a TSYS Company
NetSpend is the prepaid
provider of choice to self-banked consumers and the brands that
serve them. With a mission to empower consumers with the
convenience, security and freedom to be self-banked, NetSpend's
products have helped more than 10 million consumers spend, budget
and pay bills since 1999. Consumers can reload and find NetSpend
Prepaid Cards at convenient locations nationwide through NetSpend's
extensive network of 130,000 reload points and more than 85,000
distributing locations and employers, including check cashers,
convenience stores, grocers, pharmacies, insurance providers and
tax preparers. Headquartered in Austin,
Texas, NetSpend is a wholly owned subsidiary of TSYS (NYSE:
TSS). For more information, please visit www.netspend.com, or
follow NetSpend on Twitter at twitter.com/NetSpend or on Facebook
at facebook.com/NetSpend.
About MetaBank®
MetaBank, through its Meta Payment
Systems® (MPS) division, delivers innovative financial
products that change the way people use, borrow and manage money.
Based in Sioux Falls, S.D., MPS is
a recognized leader in the prepaid card industry and provides
innovative payment solutions delivered nationally in collaboration
with market-leading partners. MPS focuses on offering specific
product solutions in the following areas: prepaid cards, credit
products, electronic funds transfer and ATM sponsorship. Meta
Financial Group, Inc.® (NASDAQ Global
Market®: CASH), is the holding company for federally
chartered savings bank MetaBank, Member FDIC. For more information,
visit metapay.com.
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SOURCE Meta Financial Group, Inc.