MXG Media taps Netgen to offer teen debit card

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Netgen, which makes the parent-regulated debit card netgencard, announces a deal June 1 with MXG Media, which focuses on teen females, for its site MXGonline. MXG, which also publishes MXG magazine, will offer its users an MXG-branded netgencard.

In March, netgen announced a similar deal with Sony Music Entertainment to offer the card to its members starting this summer. The New York-based Netgen competes with companies such as Gurnee, Ill.-based PocketCard, which offers a debit card for teens and parents.

Copyright May 2000, Crain Communications Inc.

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