Allintus and Netspend Announce Strategic Partnership to Offer Clients Paycard

PRNewswireJanuary 29, 20202 min

Allintus, the national alliance for independent benefit brokers, today announced a strategic partnership with Netspend®, a leading provider of FDIC-insured Visa® Prepaid, Prepaid Mastercard®, and corporate prepaid card solutions through issuing banks in the United States, to offer a paperless payroll option to all clients.

Allintus partner firms now have access to the Visa/MasterCard branded Paycard managed by Netspend, Inc. and can offer it to any client, with or without payroll services. The Netspend Paycard reduces employer costs since there is no check printing or mailing, it is more secure and cost effective for employees since there is no check to cash, and the card follows the employee wherever they work. Payments News

“We are thrilled to have Netspend’s Paycard as part of our package for brokers to offer their clients,” said Dong Ahn, Chief Executive Officer at Allintus. “Paycard is a convenient alternative to payroll and we are confident that our clients will love it, especially the cost savings.”

“Partnering with Netspend means we take care of everything for Allintus clients, from implementation, to marketing, customer support, servicing, and risk management. And since we are our own processor, we handle the transactions as well.” said Jason Ordon, National Sales Manager at Netspend.

PRNewswire

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