![]() NetSpend cardholders can now add up to $250 to their prepaid debit cards from any bank debit card. Vesta's payments and transaction technology allowed NetSpend to quickly implement this new convenient and secure channel our cardholders can use to reload their cards." "We turned to Vesta because of their reputation and track record. "NetSpend works to give our cardholders the products and tools to make managing their financial lives easy, convenient and secure," said Dan Henry, chief executive officer of NetSpend. In its 2009-2012 forecast Mercator predicts general-purpose reloadable cards will reach $118.5 billion in loads by 2012 versus $8.7 billion in 2008. Powered by Vesta's payment technology, this industry-first service lets NetSpend customers immediately add funds to their prepaid debit cards from bank issued debit cards.Īccording to a newly released forecast by the Maynard, Mass.-based research firm Mercator Advisory Group, the market for prepaid cards looks extremely dynamic over the next few years.
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