Netspend Announces Extension of Contract Agreement with Liberty Tax
February 13 2018 - 9:00AM
Business Wire
Prepaid card provider Netspend, a TSYS Company (NYSE: TSS),
announced today an agreement to extend its contract with Liberty
Tax, Inc. (NASDAQ:TAX) through 2021. The two companies have
partnered to offer prepaid cards to Liberty Tax customers since
2010.
The new agreement gives Liberty Tax and SiempreTax+ customers
the continued option of having their tax refund loaded onto the
Netspend® Liberty Tax® Prepaid MasterCard® and the Netspend
SiempreTax+ Prepaid Visa® Card. Liberty Tax customers are able to
enjoy the added benefits of Netspend’s powerful card solution to
manage not only their tax refund, but their everyday finances.
“We have always focused on long-term relationships with our
customers and our partners, so we are thrilled to extend our
relationship with Liberty Tax,” said Netspend President Kelley
Knutson. “Our partnership with Liberty Tax helps us reach customers
at a critical point in their financial lives during tax
season.”
“Serving our customers has always been our top priority,” said
Liberty Tax CEO Ed Brunot. “Our relationship with Netspend helps us
provide services, such as direct deposit of tax refunds, that our
customers want and need, and that they’ve come to expect.”
The Netspend® SiempreTax+ Visa® Prepaid Card is issued by
Republic Bank & Trust Company, pursuant to a license from Visa
U.S.A. Inc. The Netspend Liberty Tax Prepaid Mastercard® is issued
by Republic Bank & Trust Company, pursuant to a license by
Mastercard International Incorporated. Republic Bank & Trust
Company; Member FDIC. Netspend, a TSYS® Company, is a registered
agent of Republic Bank & Trust Company. The Netspend
SiempreTax+ Visa Prepaid Card may be used everywhere Visa debit
cards are accepted. The Netspend Liberty Tax Prepaid Mastercard may
be used everywhere Debit Mastercard is accepted. Certain products
and services may be licensed under U.S. Patent Nos. 6,000,608 and
6,189,787. Use of the Card Account is subject to activation, ID
verification, and funds availability. Transaction fees, terms, and
conditions apply to the use and reloading of the Card Account. See
the Cardholder Agreement for details.
Mastercard is a registered trademark, and the circles design is
a trademark of Mastercard International Incorporated.
About Liberty Tax, Inc.
Founded in 1997, Liberty Tax, Inc. (NASDAQ:TAX) is the parent
company of Liberty Tax Service. In the U.S. and Canada, last year,
Liberty Tax prepared over two million individual income tax returns
in more than 4,000 offices and online. Liberty Tax's online
services are available through eSmart Tax, Liberty Online and DIY
Tax, and are all backed by the tax professionals at Liberty Tax
locations and its nationwide network of seasonal tax preparers.
Liberty Tax also supports local communities with fundraising
endeavors and contributes as a national sponsor to many charitable
causes. For a more in-depth look, visit Liberty Tax Service and
interact with Liberty Tax on Twitter and Facebook.
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 over 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 over 115,000 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180213005230/en/
Netspend Corporate Comms.Adam Dawes,
+1-512-682-3939adawes@netspend.comorTSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.com
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