Prepaid Card Reload Network Coming to All 7-Eleven Stores

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Prepaid Card Reload Network Coming to All 7-Eleven Stores

10/13/2011

DALLAS -- 7-Eleven Inc. has joined forces with NetSpend Holdings Inc. to bring the prepaid debit card company's reload network to its more than 6,000 convenience stores across the United States.

A 7-Eleven spokeswoman confirmed the deal this morning.

"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's merchandising vice president. "This is just the beginning of our partnership with NetSpend, and we look forward to expanding our prepaid financial services program."

Austin, Texas-based NetSpend provides general-purpose reloadable (GPR) prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the country who do not have traditional bank accounts or who rely on alternative financial services.

"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, CEO 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."