Netspend Announces Extension of Contract Agreement with Liberty Tax

AUSTIN, Texas, Feb. 13, 2018 — Prepaid card provider Netspend announced today an agreement to extend its contract with Liberty Tax, Inc. (NASDAQ:TAX) through 2021. The two companies have partnered to offer prepaid cards to Liberty Tax customers since 2010.

The new agreement gives Liberty Tax and SiempreTax+ customers the continued option of having their tax refund loaded onto the Netspend® Liberty Tax® Prepaid MasterCard® and the Netspend SiempreTax+ Prepaid Visa® Card. Liberty Tax customers are able to enjoy the added benefits of Netspend’s powerful card solution to manage not only their tax refund, but their everyday finances.

“We have always focused on long-term relationships with our customers and our partners, so we are thrilled to extend our relationship with Liberty Tax,” said Netspend President Kelley Knutson. “Our partnership with Liberty Tax helps us reach customers at a critical point in their financial lives during tax season.”

“Serving our customers has always been our top priority,” said Liberty Tax CEO Ed Brunot. “Our relationship with Netspend helps us provide services, such as direct deposit of tax refunds, that our customers want and need, and that they’ve come to expect.”

The Netspend® SiempreTax+ Visa® Prepaid Card is issued by Republic Bank & Trust Company, pursuant to a license from Visa U.S.A. Inc. The Netspend Liberty Tax Prepaid Mastercard® is issued by Republic Bank & Trust Company, pursuant to a license by Mastercard International Incorporated. Republic Bank & Trust Company; Member FDIC. Netspend is a registered agent of Republic Bank & Trust Company. The Netspend SiempreTax+ Visa Prepaid Card may be used everywhere Visa debit cards are accepted. The Netspend Liberty Tax Prepaid Mastercard may be used everywhere Debit Mastercard is accepted. Certain products and services may be licensed under U.S. Patent Nos. 6,000,608 and 6,189,787. Use of the Card Account is subject to activation, ID verification, and funds availability. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. See the Cardholder Agreement for details.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

About Liberty Tax, Inc.

Founded in 1997, Liberty Tax, Inc. (NASDAQ:TAX) is the parent company of Liberty Tax Service. In the U.S. and Canada, last year, Liberty Tax prepared over two million individual income tax returns in more than 4,000 offices and online. Liberty Tax’s online services are available through eSmart Tax, Liberty Online and DIY Tax, and are all backed by the tax professionals at Liberty Tax locations and its nationwide network of seasonal tax preparers. Liberty Tax also supports local communities with fundraising endeavors and contributes as a national sponsor to many charitable causes. For a more in-depth look, visit Liberty Tax Service and interact with Liberty Tax on Twitter and Facebook.

About Netspend

Netspend is the prepaid provider of choice to self-banked consumers and the brands that serve them. With a mission to empower consumers with the convenience, security and freedom to be self-banked, Netspend’s products have helped over 10 million consumers spend, budget and pay bills since 1999. Consumers can reload and find Netspend Prepaid Cards at convenient locations nationwide through Netspend’s extensive network of 130,000 reload points and over 115,000 distributing locations and employers, including check cashers, convenience stores, grocers, pharmacies, insurance providers and tax preparers. Headquartered in Austin, Texas. For more information, please visit