Global Payments Puts Netspend on Sales Block

Payments Dive

“Payments processor Global Payments said Thursday it’s putting its Netspend unit back on the sales block, reprising an effort reportedly made in 2020 when it put a $2 billion-plus price tag on the prepaid debit card business. The Atlanta-based company aims to sell the consumer side of the Netspend business, and plans to keep the business-to-business assets as it refocuses on corporate clients, the company said in a Thursday press release that also announced fourth-quarter earnings.”