distributor agreement

A provider of card-based prepaid financial products to underbanked customers NetSpend has signed a distributor agreement with Check City, a check cashing and payday loan provider in the Mountain West and Mid-Atlantic regions. The distributor agreement positions NetSpend as the chain’s exclusive prepaid debit card provider. With 70 stores in Nevada, Utah, Virginia, Maryland and Colorado, Check City will increase NetSpend’s check cashing distribution in these regions and is expected to drive significant card sales and direct deposit enrollments.