Exclusive distribution of Futura® Prepaid MasterCard®

A multi-year agreement was concluded by Futura® Card Services (“Futura”), one of the largest and fastest growing brands in the stored value card marketplace with PaySpot, Inc., a leading prepaid and payments provider in the U.S. to distribute Futura® Prepaid MasterCard® products to PaySpot’s Independent Sales Organization (ISO) nationwide network of stores.

Futura markets, distributes and services a suite of instant issue prepaid MasterCard® debit card products that includes reloadable general spend debit cards, gift cards and wage disbursement cards.

“We are very excited to take our agreement with Futura to the next level - the synergies, incentives and co-marketing opportunities are substantial,” said Eric Mettemeyer, president of PaySpot. “Our distributors deserve a prepaid debit card offering for their independent retailers and we are pleased to bring them this unique product. We will continue to introduce additional product offerings to our distributors to ensure their success and continued growth.”

The unique feature of the offering made by Futura to PaySpot ISOs is that the Futura Distributor Advantage Plan makes this a much more ISO-friendly prepaid debit product than any other known to be on the market. The distribution exclusivity entails PaySpot’s being the only distributor of this Futura debit product.