LevelUp, NetSpend Unveil New Partnership

LevelUp, the world's first "interchange zero" payment network, today announced a partnership with NetSpend Holdings, Inc. (NASDAQ: NTSP), a leading provider of general purpose reloadable cards, that will offer a $10 incentive to consumers who link their NetSpend prepaid cards to their LevelUp accounts. Consumers using LevelUp, the second largest mobile payment network, can use their phones to make payments at more than 3,000 merchants nationwide. By linking their NetSpend prepaid cards to their LevelUp accounts, NetSpend cardholders will receive a $10 credit to their LevelUp accounts, on top of all of the discounts they receive for using LevelUp to make payments.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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