AUSTIN, Texas–(BUSINESS WIRE)–NetSpend, a arch provider of banking articles specializing in prepaid debit cards for bodies who use agency added than banks to accomplish their banking requirements, and Grupo Financiero Barri, the capital non-banking provider of banking casework for the Hispanic affiliation in Texas, appear today that they will alpha alms a rechargeable accordingly branded and accepted use agenda (GPR) in 200 of Barri branches amid in Houston, Dallas, San Antonio, Austin, and Rio Grande Valley, including the shops amid at the Michoacana Meat Market and added retail stores.
The affiliation with Barri establishes a action for NetSpend’s arising markets. This action will accommodate card-based banking casework to the 20 actor Latino consumers in the United States who do not use banks as a agency to accomplish their banking requirements. The GPR prepaid cards are a safer accession to banknote and they acquiesce consumers to bigger administer their affairs back the purchases are bound to the bulk accessible on the card, appropriately eliminating any defalcation charges. Added added characteristics and allowances that this blazon of agenda offers accommodate chargeless absolute deposit, chargeless anniversary notifications, chargeless money transfers from one agenda to another, and bill payments through the Internet.
As allotment of the launch, Barri has appear that audience who buy the agenda and drop a minimum of $20 will accept an added $10.
“While banks abide to admission the ante and accuse for consumers, prepaid debit cards are rapidly acceptable the banking apparatus of best for added and added consumers,” said Dan Henry, NetSpend Accurate Director. “The NetSpend/Barri affiliation will action the Hispanic affiliation in the absolute State of Texas a akin of abandon and banking aegis accurately focused on the needs of Latinos and which will be provided through a trusted distributor,” the accurate assured.
“Historically, Barri has congenital applicant adherence by agency of casework that are based on cash, such as money transfers and adopted exchange. As our applicant abject develops, Barri needs to advance as well. This is why we accept started to action casework anon affiliated to the bounded banking needs of the client, such as analysis cashing and bill payments. Our new action of a prepaid debit agenda with the Barri name is a big footfall in this development and NetSpend is the absolute accomplice for a acknowledged implementation,” said Alberto Laureano, Accurate Director of Grupo Financiero Barri.
Prepaid cards action a applicable banking accession to about 100 actor consumers in the United States who do not use banks to accomplish their banking requirements, which will acquiesce them to backpack out purchases, pay bills, accomplish reservations, and accomplish Internet purchases cautiously and after the charge of a coffer anniversary or an accustomed acclaim history. The NetSpend/Barri prepaid cards do not acquire absorption accuse and accommodate appearance such as chargeless antithesis blockage via argument letters and bill administration accoutrement through the Internet. Cardholders can recharge their prepaid cards at the 200 Barri branches, as able-bodied as at any of the 90,000 NetSpend recharging establishments about the country. In addition, they can accept admission to the NetSpend Civic Accumulation Program, which is currently alms a promotional amount of 5.00%† APY. The Inter Civic Bank, affiliate of the FDIC in McAllen, Texas, is the coffer that manages the accumulation accounts of the NetSpend civic accumulation program.
About NetSpend Corporation
NetSpend Corporation is one of the capital providers of prepaid debit cards in the United States. A avant-garde in the industry back its conception in 1999, the NetSpend prepaid debit cards accommodate banking abandon and accessibility to added than 100 actor consumers in the United States who do not use banks to accomplish their banking needs. NetSpend is the alone aggregation in the prepaid debit industry that offers an end-to-end band-aid for consumers and storekeepers with its own processing platform, cards supply, chump service, and adaptation for accident management. Amuse appointment http://www.netspend.com for added advice about the aggregation or, alternatively, you can acquisition us on Facebook or Twitter.
About Grupo Financiero Barri
Incorporated in 1984, Grupo Financiero Barri is one of the capital suppliers of banking casework to the Hispanic affiliation that does not accept admission to, or does not use banks to accomplish its banking needs in the Southwest breadth of the United States. Barri operates through 200 branches it owns in the states of Texas and Oklahoma, either through absolute branches or branches amid in retail shops such as La Michoacana Meat Market, one of Barri’s best important partners. Barri offers a advanced ambit of banking casework including money transfers, analysis cashing, money orders, bill payments, prepaid services, and insurance.
Cards issued by MetaBank.
MetaBank is a accumulation coffer accustomed by the federal government and adapted by the Office of Thrift Supervision. The banking accumulation Meta Banking Group, Inc.® is the accurate aggregation of MetaBank, Meta Payment Systems®, and Meta Trust Company®. For added advice amuse appointment http://www.metacash.com.
The NetSpend accumulation accounts are issued by Inter Civic Bank, a affiliate of the FDIC. Absorption is affected based on the boilerplate circadian antithesis of your accumulation anniversary and is paid quarterly.
†The anniversary allotment crop (APY) is actual as of January 1, 2009. It is not all-important to accept a minimum antithesis to accessible the anniversary or access the yield. Accuse may abate the balance in the account. This is a promotional amount and may change at any time after above-mentioned warning.
The aboriginal source-language argument of this advertisement is the official, accurate version. Translations are provided as an adaptation only, and should be cross-referenced with the source-language text, which is the alone adaptation of the argument advised to accept acknowledged effect.
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