AUSTIN, Texas, March 3 /PRNewswire/ -- NetSpend Corporation, one of the leading providers of prepaid solutions in the United States, has entered into an agreement with Procesa International, LLC, a premiere provider of cross-border bill payment and top-up products, to offer NetSpend customers the ability to pay bills or load minutes to cell phones for friends or family members living in Mexico, Central or South America.
Procesa International offers consumers living in the United States an easy and secure way to pay a utility bill, common bill, or add minutes to the cell phone of a friend or family member living in Mexico, Central or South America. Procesa International is the sister company of Procesa-Mexico, the largest non-bank processor of bill payments and cell phone top-up within Mexico, processing more than 12 million transactions per month.
"We are very pleased to partner with the premier provider of prepaid debit card services," said Procesa International CEO Patrick Brown. "The relationship with NetSpend will bring cross-border bill payments and top-up services to millions of underbanked consumers living in the United States."
"We are excited to offer Procesa International's bill payment services to NetSpend cardholders," said NetSpend CEO Daniel R. Henry. "Offering our customers the ability to pay bills or reload cell phones is a logical expansion of our services and will help meet the current demand for cross-border payments. NetSpend is honored to be the first prepaid debit card 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 for under-banked consumers. Grounded by a mission of financial empowerment, NetSpend is committed to meeting its customers' financial services needs on their terms while offering the convenience, security and acceptance of conventional financial services. NetSpend's proprietary processing platform allows it to support prepaid card programs end-to-end from customer acquisition and card fulfillment to customer service and risk management. The NetSpend(R) Prepaid Card Network includes leading consumer brands and companies serving the un-banked and under-banked markets, and its strategic relationships include card issuers, EFT networks and payment card associations. For more information, visit http://www.netspend.com.
About Procesa International, LLC
Formed in 2007, Procesa International, LLC is the premiere service for direct, cross-border top-up and prepaid services for Latin America. Based in Charlotte, NC, Procesa International's relationship with Procesa-Mexico gives them unique access to a network of service providers, allowing them to process cell phone top-up and most bill payment transactions in real-time. Procesa International is headed by CEO Patrick Brown, former president of Euronet Payments and Remittance, Inc. For more information, visit http://www.procesaintl.com.
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
Website: http://www.netspend.com/
Website: http://www.procesaintl.com/