Netspend, a major issuer of prepaid debit and payroll cards, will pay more than $1 million to settle an accusation by New York’s attorney general that the company froze customers’ bank accounts and ...
The use cases for prepaid cards are diverse, but reloadable debit cards are rapidly evolving as major players like Green Dot and Netspend morph these products closer to more versatile digital banking ...
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How Netspend Makes Money

Netspend makes money through a variety of fees on its prepaid cards Fact checked by David Rubin Reviewed by Samantha Silberstein Netspend is a financial services company that offers prepaid debit ...
CHICAGO (CBS) -- A Chicago man said he experienced finger-pointing and frustration while trying to help a friend battling cancer. Michael Cozzi bought a prepaid debit card for his friend and put $300 ...
Prepaid debit card marketer NetSpend Holdings Inc. is working with banks to broaden its distribution network beyond retailers and check cashers. First State Community Bank, a subsidiary of the ...
WASHINGTON (Reuters) - NetSpend Corp, a unit of Total System Services Inc , has agreed to settle Federal Trade Commission allegations that the prepaid card company deceived people about access to ...
Some consumers are not able to open a checking account at a bank or credit union to pay their bills or purchase groceries or other items and are forced to rely on using prepaid debit cards. In 2021, ...