Morning Call PA

NetSpend accused of deceiving customers about access to funds on prepaid cards

Customers who load money onto prepaid cards issued by NetSpend have had trouble accessing their money, the Federal Trade Commission alleged last week in a lawsuit. The agency said NetSpend denies or ...
JD Supra

NetSpend Settles FTC Charges, Resolving Allegations that it Deceived Consumers over Access to Prepaid Funds

Last week the FTC announced that it had reached a settlement with NetSpend over allegations that NetSpend deceived consumers by promising “immediate access” with “guaranteed approval” to money loaded ...
Digital Transactions

In Its Face-Off With the FTC, NetSpend Argues It’s Following the Rules

NetSpend, the prepaid card unit of processor Total System Services Inc. (TSYS), is facing a Federal Trade Commission lawsuit filed Thursday over allegations the company deceptively marketed reloadable ...
Investopedia

How Do Netspend Cards Work?

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...