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Classified in: Science and technology, Business
Subject: JVN

Allintus and Netspend Announce Strategic Partnership to Offer Clients Paycard


AUSTIN, Texas, Jan. 28, 2020 /PRNewswire-PRWeb/ -- 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.

"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.

About Netspend
Netspend®, A Global Payments Company - Netspend has been recognized as the leading provider of corporate payroll card solutions that help employers offer all employees a direct deposit option and eliminate expenses associated with paper checks for employees and employers alike. Netspend serve the estimated 68 million underbanked consumers who do not have a traditional bank account or who rely on alternative financial services. Our mission is to provide products and services that empower consumers with the convenience, security and freedom to be self-banked. Since 1999, our products have helped more than 10 million consumers to make purchases, pay bills and manage their money without the need for a checking account or credit history. https://www.netspend.com/business/

About Allintus
Allintus is a national alliance for independent benefit brokers and offers a unique combination of human capital management services and technology solutions that add value for agencies and their clients. Allintus helps brokers grow their business by serving clients more effectively and efficiently with peer-to-peer networking, broker services, technology services, general agency services and managed outsource services. The Allintus management team is comprised of industry experts with more than 100 years of collective experience in employee benefits. https://allintus.com/.

 

SOURCE Allintus


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