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Vesta Corp., a Portland, Ore.-based prepaid technology provider, Monday announced that NetSpend Corp. will use its online reload service for prepaid cards. The service enables NetSpend cardholders to load up to $250 using a debit card.
Vesta decided against credit card-to-prepaid card reloads because of debit's growing use.
"The convenience for the consumer is the ability to be able to reload their account instantly versus having to go to the store," says Matt Hall, Vesta vice president of business development. Vesta's back-end software enables immediate access to...