AUSTIN, Texas, Oct. 13, 2011 (GLOBE NEWSWIRE) -- NetSpend Holdings, Inc. (Nasdaq:NTSP), a company whose mission is to empower the estimated 60 million underbanked consumers in the United States with the convenience, security and freedom to be self-banked, today announced it has expanded its reload network to include more than 6,000 7-Eleven store locations nationwide. 7-Eleven is the premier name and largest chain in the convenience retailing industry.
"This program offers our cardholders another convenient way to reload their card 24/7 at any of the more than 6,000 participating 7-Eleven locations in the U.S.," said Dan Henry, Chief Executive Officer of NetSpend. "Convenience is very important to our customers, and we are very pleased to partner with one of the most recognized convenience store brands."
"7-Eleven offers many convenient financial services for its customers, especially those who don't have or prefer not to use a traditional bank debit or credit card," said Rob Chumley, 7-Eleven merchandising vice president. "This is just the beginning of our partnership with NetSpend, and we look forward to expanding our prepaid financial services program."
About NetSpend
NetSpend is a leading provider of general-purpose reloadable (GPR) prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States who do not have a traditional bank account or who rely on alternative financial services. The Company's mission is to develop products and services that empower underbanked consumers with the convenience, security and freedom to be self-banked. Headquartered in Austin, TX, NetSpend is traded on the NASDAQ stock exchange under the symbol NTSP.
Please visit http://www.netspend.com for more information.
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About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses close to 8,900 7-Eleven® stores in North America. Globally, there are approximately 43,300 7-Eleven stores in 16 countries. During 2010, 7-Eleven stores worldwide generated total sales close to $63 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Forbes magazine's 2011 list of Top Franchises for the Money; #4 spot on Entrepreneur magazine's Franchise 500 list for 2009, #3 in Forbes magazine's Top 20 Franchises to Start, and #2 in Franchise Times Top 200 Franchise Companies. Hispanic Magazine named 7-Eleven in its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven received the 2010 Retailer of the Year honor from PL Buyer because of the company's private-label brand initiative. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.