This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NetSpend Ordering System To Be Integrated Into Accu-Auto Software For Specialty Auto Insurance Agents

AUSTIN, Texas, March 24, 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 a new marketing agreement with Accu-Auto, a leading software-based comparison rater developed and owned by Norcross, Georgia-based Assurance Systems, Inc. The new agreement will give more than 2,000 specialty auto insurance agents in the Southeast United States the opportunity to offer a NetSpend prepaid debit card to current and potential policyholders as a convenient and cost-effective way to pay monthly premiums. 

Accu-Auto will fully integrate an ordering mechanism for NetSpend prepaid debit cards into their software, giving independent insurance agents the option to simply check a box and order a card for their customers. After the applicant clears the federally-mandated identity verification process, a fully functional, personalized card will be delivered in five to 10 business days giving him or her access to more than 100,000 reload locations and a full suite of product features including free direct deposit, free online money transfers between cardholders, complimentary AD&D insurance coverage and a savings account that currently offers 5.00% APY— one of the highest rates in the industry.

In addition to industry-leading product features, NetSpend also helps save cardholders time and money.   The card eliminates the need to drive to multiple service providers to pay bills in person.  Through NetSpend.com, cardholders have the ability to pay their auto insurance premiums—and other bills—in the comfort and security of their own home.  The NetSpend card also helps to avoid fees for money orders or wire transfers and, where available, can also lead to discounts from insurance companies for paying electronically.  For agents selling specialty auto insurance policies, NetSpend prepaid debit cards can help increase their premium income through higher customer retention.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,619.51 +23.16 0.13%
S&P 500 2,063.12 +5.48 0.27%
NASDAQ 4,986.8670 +28.3990 0.57%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs