Netspend Hires Jeff Johnson to Lead Commercial Prepaid

Mar 2, 2017

Industry Veteran to Expand Business-to-Business Reach

AUSTIN, Texas, March 2, 2017 — Netspend, a leading provider of prepaid card solutions, has named Jeff Johnson as senior vice president for Commercial Prepaid. Johnson joins Netspend with two decades of experience in the prepaid industry, having most recently served as chief sales and marketing officer/chief revenue officer for Card Compliant, LLC, since 2012. "We're excited to have Jeff on the team. He's a proven entrepreneur with an impressive record of growing and scaling payments businesses," said Chuck Harris, president of Netspend.

Before assuming a leadership role at Card Compliant, Johnson worked as the senior vice president and division manager for Prepaid Services at First Data Corporation. Throughout his career, he has worked to innovate products, expand revenue and manage costs while maintaining strong industry relationships. He has also served on the board of the Network Branded Prepaid Card Association for the last five years.

At Netspend, Johnson will manage the company's Commercial Prepaid channel, which offers an array of business solutions. These include paycard programs, which allow businesses and employees to save time and money by eliminating paper checks, as well as incentive, disbursement and award programs. He will also oversee the Tip Network, which helps tip-based businesses move away from checkout slips and cash envelopes to a more streamlined system.

"I'm thrilled to join a team committed to helping our partners grow their businesses and take care of their employees," said Johnson. "We offer so much more than paycards, and I know Netspend's dedication to creativity and collaboration will bring us opportunities to succeed and grow."

Johnson earned a bachelors degree of Business Administration from Thomas More College. He will be based at Netspend's office in Alpharetta, Georgia.

About Netspend, a TSYS Company
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 more than 100,000 distributing locations and employers, including check cashers, convenience stores, grocers, pharmacies, insurance providers and tax preparers. Headquartered in Austin, Texas, Netspend is a wholly owned subsidiary of TSYS (NYSE: TSS). For more information, please visit www.Netspend.com.

Contacts:
Chris Lippincott
Netspend Corporate Comms.
+1.512.682.3908
clippincott@tsys.com

Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com

Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com