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February 20, 2013 by Madeline Aufseeser

As consolidation ratchets up in the prepaid market, one company is taking a fast track to outmaneuvering other market rivals: Payments solutions provider TSYS has agreed to acquire prepaid card provider NetSpend for US$1.4 billion, pre-empting other prepaid market players with a strategic move that could put it squarely on top of the prepaid industry. The NetSpend acquisition will provide fantastic strategic advantage by: