Prepaid Debit Provider to Offer Cross-Border Bill Payment and Top-Up Services AUSTIN, Texas, March 3 /PRNewswire/ -- NetSpend Corporation, one of theleading providers of prepaid solutions in the United States, has enteredinto an agreement with Procesa International, LLC, a premiere provider ofcross-border bill payment and top-up products, to offer NetSpend customersthe ability to pay bills or load minutes to cell phones for friends orfamily members living in Mexico, Central or South America. Procesa International offers consumers living in the United States aneasy and secure way to pay a utility bill, common bill, or add minutes tothe cell phone of a friend or family member living in Mexico, Central orSouth America. Procesa International is the sister company ofProcesa-Mexico, the largest non-bank processor of bill payments and cellphone top-up within Mexico, processing more than 12 million transactionsper month. "We are very pleased to partner with the premier provider of prepaiddebit card services," said Procesa International CEO Patrick Brown. "Therelationship with NetSpend will bring cross-border bill payments and top-upservices to millions of underbanked consumers living in the United States." "We are excited to offer Procesa International's bill payment servicesto NetSpend cardholders," said NetSpend CEO Daniel R. Henry. "Offering ourcustomers the ability to pay bills or reload cell phones is a logicalexpansion of our services and will help meet the current demand forcross-border payments. NetSpend is honored to be the first prepaid debitcard company to work with Procesa." About NetSpend Corporation NetSpend Corporation is one of the premier providers of innovative,accessible prepaid debit cards that enable financial freedom forunder-banked consumers. Grounded by a mission of financial empowerment,NetSpend is committed to meeting its customers' financial services needs ontheir terms while offering the convenience, security and acceptance ofconventional financial services. NetSpend's proprietary processing platformallows it to support prepaid card programs end-to-end from customeracquisition and card fulfillment to customer service and risk management.The NetSpend(R) Prepaid Card Network includes leading consumer brands andcompanies serving the un-banked and under-banked markets, and its strategicrelationships include card issuers, EFT networks and payment cardassociations. For more information, visit
For NetSpend: For Procesa International: Amy Shields or Meghan Butler Christina Steiner GCI Read-Poland for NetSpend Corporation Procesa International (512) 472-4122 (704) 409-1411
NetSpend(R) and Procesa International Sign Agreement
March 05, 2008, 10:25 p.m. EST 2 Min Read
