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{{Infobox Company | {{Infobox Company | ||
| company_name = Green Dot Corporation | | company_name = Green Dot Corporation | ||
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| key_people = ],<br/>] | | key_people = ],<br/>] | ||
| industry = ] | | industry = ] | ||
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| products = Prepaid ],<br/>], ] card | |||
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}} | }} | ||
{{For|the not-for-profit schools organization|Green Dot Public Schools}} | {{For|the not-for-profit schools organization|Green Dot Public Schools}} | ||
'''Green Dot Corporation''' is a leading provider of retail-based financial services for America’s underserved community. Green Dot's ], ] and ] reloadable prepaid debit card products offer customers the convenience of a credit card without the need for a credit check or bank account. The company also operates the Green Dot Financial Network, among the nation's largest retail financial networks, and offers the Green Dot® MoneyPak® product that provides a convenient way for consumers to load cash to prepaid cards, use cash to pay bills, and add cash to a variety of accounts. The company recently partnered with ] and ] to launch the Wal-Mart MoneyCard<sup>sm</sup>, a reloadable prepaid Visa Card available exclusively at Wal-Mart. Green Dot is also an official licensee of ] and markets the NASCAR Visa Prepaid Card through select retail locations. The company is privately held and headquarted in ], ] (greater ] area). | |||
'''Green Dot Corporation''' is an issuer of prepaid ], ], and ] cards in the ]. These products are available at nearly 50,000 retail stores, including ], ], ], and ]. | |||
Green Dot prepaid reloadable cards and MoneyPak universal cash acceptance product are available at tens of thousands of retailer locations nationwide, including ], ], ], ], ], ], ], ], ], ] and more. With the MoneyPak, customers can reload Green Dot prepaid cards as well as other prepaid cards that are part of the Green Dot Network, including ] Emerald MasterCard and Account Now! MasterCard. For bill payment, ] and ] among many others accept MoneyPak. | |||
⚫ | The cards may be used like normal debit or credit cards, but |
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⚫ | The cards may be used like normal debit or credit cards, but are not backed by a checking account or line of credit. Purchases are deducted from the balance stored on the card. The user can add more money to the card, either by paying cash at a retail store's ], or in certain cases from their ]. | ||
Green Dot is headquartered in Monrovia, California, and it was formerly known as Next Estate Communications. The company provides co-branded card programs to ], ], ] and ]. | |||
Green Dot was formerly known as Next Estate Communications. | |||
==Criticism== | |||
==In the News== | |||
The company has been criticized for the various fees that it charges. According to ''CRM Buyer'' commentator Seth Sarelson, "Green Dot's fees are so egregious that they actually encourage switching to a competitor." | |||
* Interview with Green Dot CEO Steve Streit | |||
* Interview with Mike Mortiz, financial backer of Green Dot | |||
==External links== | ==External links== | ||
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{{US-finance-company-stub}} | |||
⚫ | {{Uncategorized|date=September 2007}} |
Revision as of 01:21, 27 September 2007
File:Green Dot Corporation.png | |
Company type | Private |
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Industry | Financial Services |
Founded | 1999 |
Founder | Steve Streit |
Headquarters | Monrovia, California |
Key people | Steve Streit, Chief Executive Officer |
Website | www.greendotcorp.com |
Green Dot Corporation is a leading provider of retail-based financial services for America’s underserved community. Green Dot's Visa, MasterCard and Discover Network reloadable prepaid debit card products offer customers the convenience of a credit card without the need for a credit check or bank account. The company also operates the Green Dot Financial Network, among the nation's largest retail financial networks, and offers the Green Dot® MoneyPak® product that provides a convenient way for consumers to load cash to prepaid cards, use cash to pay bills, and add cash to a variety of accounts. The company recently partnered with Wal-Mart and GE Money Bank to launch the Wal-Mart MoneyCard, a reloadable prepaid Visa Card available exclusively at Wal-Mart. Green Dot is also an official licensee of NASCAR and markets the NASCAR Visa Prepaid Card through select retail locations. The company is privately held and headquarted in Monrovia, California (greater Los Angeles area).
Green Dot prepaid reloadable cards and MoneyPak universal cash acceptance product are available at tens of thousands of retailer locations nationwide, including Wal-Mart, Walgreens, CVS/Pharmacy, Rite Aid, Radio Shack, Kroger, Ralphs, Food4Less, Fred Meyer, King Soopers and more. With the MoneyPak, customers can reload Green Dot prepaid cards as well as other prepaid cards that are part of the Green Dot Network, including H&R Block Emerald MasterCard and Account Now! MasterCard. For bill payment, Dish Network and TVG Network among many others accept MoneyPak.
The cards may be used like normal debit or credit cards, but are not backed by a checking account or line of credit. Purchases are deducted from the balance stored on the card. The user can add more money to the card, either by paying cash at a retail store's point of sale, or in certain cases from their paycheck.
Green Dot was formerly known as Next Estate Communications.
In the News
External links
- Green Dot online ordering website
- Green Dot Corporation website
- Green Dot locations and partners
- Green Dot online account services
- Wal-Mart MoneyCard
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