BET, the name brand that is biggest in black colored colored news, is supplying the card with NetSpend, one of the biggest prepaid credit card organizations. NetSpend hopes it shall be made by the recommendation transform BET people into fee-paying consumers.
Blacks are overrepresented among precisely just what the industry that is economic the unbanked and underbanked, people who lack bank reports or who use high-cost solutions like check-cashing and spend time loans.
Prepaid cards are only like debit cards nevertheless they arenвЂ™t connected having a bank account that is checking very often lack the client defenses supplied by debit and charge cards. Continue reading “BET, NetSpend join to market re payment card that is prepaid”