NetSpend Expands Reload Network to 7-Eleven, Inc. Store Locations Nationwide

Cardholders Can Reload Their Cards at More Than 6,000 Outlets Nationwide

AUSTIN, Texas, Oct 13, 2011 (GlobeNewswire via COMTEX) -- NetSpend Holdings, Inc., a company whose mission is to empower the estimated 60 million underbanked consumers in the United States with the convenience, security and freedom to be self-banked, today announced it has expanded its reload network to include more than 6,000 7-Eleven store locations nationwide. 7-Eleven is the premier name and largest chain in the convenience retailing industry.

"This program offers our cardholders another convenient way to reload their card 24/7 at any of the more than 6,000 participating 7-Eleven locations in the U.S.," said Dan Henry, Chief Executive Officer of NetSpend. "Convenience is very important to our customers, and we are very pleased to partner with one of the most recognized convenience store brands."

"7-Eleven offers many convenient financial services for its customers, especially those who don't have or prefer not to use a traditional bank debit or credit card," said Rob Chumley, 7-Eleven merchandising vice president. "This is just the beginning of our partnership with NetSpend, and we look forward to expanding our prepaid financial services program."

About NetSpend

NetSpend is a leading provider of general-purpose reloadable (GPR) prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States who do not have a traditional bank account or who rely on alternative financial services. The Company's mission is to develop products and services that empower underbanked consumers with the convenience, security and freedom to be self-banked. Headquartered in Austin, TX, NetSpend is traded on the NASDAQ stock exchange under the symbol NTSP.