New short-term credit service launched by Meta Payment Systems® and NetSpend®

Meta Payment Systems, one of the leading issuers of network branded prepaid cards, is partnering with NetSpend Corporation, one of the leading providers of reloadable prepaid debit cards and prepaid debit card services, to provide NetSpend cardholders with the iAdvanceSM Line of Credit. iAdvance allows consumers to establish short-term, small-dollar lines of credit and have the money immediately available on their NetSpend prepaid card.

The subscription process doesn’t take much time and customers are no credit check is required. After the user is enrolled advances to cardholders are completed in seconds with funds immediately available to the borrower on their NetSpend prepaid card.

“We are very pleased that NetSpend has decided to offer iAdvance to its customers,” said Trent Sorbe, Senior Vice President of Credit with Meta Payment Systems. “We’ve seen how iAdvance is filling the need to bring sensible credit to customers. Partnering with a market leader like NetSpend demonstrates the value proposition iAdvance brings to prepaid card programs.”