More Than 100 Prepaid Programs Now Reload Using Green Dot Network
Posted on: Monday, 5 March 2007, 09:00 CST
LOS ANGELES, March 5 /PRNewswire/ -- Green Dot Network, the leading retail-based "C2B" cash processing gateway owned and operated by Green Dot Corporation, has reached a new high of 109 prepaid card programs reloading on its network as of January 31. These programs include cards issued from multiple banks under the MasterCard(R), Visa(R) and Discover(R) Network brands.
Green Dot Network enables consumers to reload prepaid cards issued by Visa(R), MasterCard(R) and Discover(R), as well as eligible ATM and private- label cards. Secil Baysal, Vice President of Green Dot Network, said, "Our retail-based reload network is extensive and has contributed significantly to the success of prepaid card programs nationwide."
"'Ease of reloadability' is one of the key factors in a prepaid debit card program's customer satisfaction and program GDV," said Baysal. "We're proud to have so many great partners benefiting from our service and are excited about the continued distribution and expansion of our network."
Programs that choose Green Dot for reloading services benefit from the network's ubiquitous distribution through tens of thousands of major name retailers in all 50 states. With the easy consumer experience associated with its MoneyPak(TM) reload product and the network's "swipe and go" technology at participating retailers, cardholders from all member issuers are able to quickly, easily and conveniently reload their cards anytime and nearly anywhere.
About Green Dot Corporation
Green Dot Corporation is a leading provider of retail-based financial services for America's underserved community. The company offers consumers a comprehensive portfolio of financial products and services through thousands of leading retailers nationwide. Products include Green Dot MasterCard(R), Visa(R) and Discover(R) branded prepaid debit cards, Green Dot credit cards and Green Dot MoneyPak(TM). The Green Dot MoneyPak(TM) is a consumer to business "C2B" cash processing gateway that provides a convenient and efficient way for consumers to load cash to prepaid cards, use cash to pay bills, and add cash to a variety of accounts. Green Dot is headquartered in the greater Los Angeles area. For more information, visit http://www.greendotcorp.com/.
Press Contact: Liz Youngs, CommStrat for Green Dot liz@commstrat.net, 843-971-7140
Green Dot Network
CONTACT: Liz Youngs, CommStrat for Green Dot, +1-843-971-7140,liz@commstrat.net
Web site: http://www.greendotcorp.com/
Source: PRNewswire
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