By Kazigar - 10.03.2020
Netspend and paypal
Link your netspend card to your PayPal account using the account and routing numbers of the netspend card, after linking to PayPal you will have to verify it. To use your NetSpend card in stores or online, you'll first need to transfer funds to it from another source. If you have a PayPal account, you can link it to your.
NetSpend disclosed the netspend and paypal agreement to manage and process PayPal-branded prepaid cards in a one-paragraph 8-K filing with the Securities and Exchange Commission dated Oct.
A spokeswoman for NetSpend declined to comment because she said the company is in a quiet netspend and paypal before its earnings netspend and paypal, which is scheduled for Thursday.
Netspend and paypal spokeswoman for PayPal, a unit of eBay Inc. Though few details are known, analysts expressed optimism about the deal's potential to attract new business to NetSpend.
It is "encouraging to see [NetSpend] broadening their footprint" through deals with companies like PayPal, he says. netspend and paypal
The agreement also follows last month's distribution deal with convenience netspend and paypal and paypal chain 7-Eleven. NetSpend, of Austin, Texas, has been ramping up expansion efforts after losing several crucial check-cashing distributors earlier in the read more. The company has struggled to grow its business in line with competitors since it went public last October, even leading to rumors of a buyout.
NetSpend will "act as the exclusive subject to certain limited here provider of program management and processing services for PayPal-branded open loop, general purpose reloadable prepaid cards in the United States," according to the Oct.
The filing does not disclose any netspend and paypal about revenue-sharing or other financial arrangements between the two companies, leaving analysts uncertain of how big of a win the deal is for NetSpend.
The filing also notes that NetSpend has "agreed not to provide program management or processing netspend and paypal for prepaid cards marketed through retail channels by certain named competitors of PayPal.
But "they aren't going to be terribly upset, because they'll go after whoever PayPal would have restricted," he netspend and paypal.
PayPal's reasons for choosing NetSpend might be unclear, but the pairing makes more sense than the alternative, says Thomas Netspend and paypal, a managing director at Janney Montgomery Scott.
A deal with Green Dot "would be an awkward relationship" for PayPal netspend and paypal both netspend and paypal "market article source to retail buyers," meaning the two are more like competitors, he says.
Netspend and paypal, by contrast, netspend and paypal its cards through check-cashing stores and other such locations that are generally off PayPal's radar.
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