Plastyc, Inc. Joins Green Dot Network
March 19th, 2009 Leave a comment Visited 40 times, 1 so far today
Partnership Allows UPside Cardholders To Do Cash Reloads at Green Dot Locations
Plastyc Inc. and the Green Dot® Corporation have entered into an agreement allowing UPside Visa® Prepaid Card holders to load cash into their cards by purchasing a MoneyPak® from tens of thousands of Green Dot retailers.
UPside cards can already receive money from friends and family via bank transfers, salaries through direct deposits, and contributions from online marketplaces via direct-to-card mass-pay distribution. Teenagers can receive funds from a parent’s credit card or checking account. Buying a MoneyPak with cash from retailers such as Wal-Mart, Walgreens, CVS/pharmacy, Rite Aid, Kmart, Kroger or Radio Shack, now gives holders of UPside Visa prepaid cards the largest choice of funding sources available today.
“Our audience of debt-wary college students is keen to get money from as many sources as possible”, says Patrice Peyret, CEO of Plastyc. “Cash is a dominant form of money for them. Allowing them to load cash to their UPside cards is tremendous, as it increases their ability to shop online for bargains, pay bills, and gives them more control and safety for their everyday expenditures. The Green Dot Network is perfect for students, young working adults and teenagers, with a huge choice of safe and reputable stores.
“Cash loading is increasingly becoming essential for a wide range of prepaid card categories, beyond general purpose reloadable products, as most cardholders value the convenience, speed and flexibility of adding funds at their local retailer,” said Secil Baysal, VP, Green Dot Network. “We are excited to have Plastyc, Inc. join our network and offer the benefits of cash loading to the UPside VISA cardholders.”
About Plastyc
Plastyc, Inc. is a privately held US corporation focused on payment-enabling the “Millenials” generation. Its first product is a new generation of Visa-branded prepaid cards with unprecedented online access through websites, cellphones and a Facebook® application, with very low fees and loyalty rewards.
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 tens of thousands of leading retailer locations nationwide including Walmart, Walgreens, CVS/pharmacy, Rite Aid, Kmart, Kroger, Ralphs, Fred Meyer, Smiths and Radio Shack. Green Dot’s products include Green Dot MasterCard® and Visa® branded prepaid debit cards, gift cards and the Green Dot MoneyPak®. The Green Dot MoneyPak product provides a convenient and efficient way for consumers to load cash onto prepaid cards, use cash to make purchases and pay bills, and add cash to a variety of accounts. Green Dot is headquartered in the greater Los Angeles area. To learn more about Green Dot products and services, please visit http://www.greendotonline.com and http://www.moneypak.com. Green Dot and MoneyPak are registered trademarks of Green Dot Corporation.
Contacts
Plastyc Inc.
Patrice Peyret, 646-485-5267
patrice.peyret {at} plastyc(.)com
or
Green Dot Corporation
LB Baer, 626-775-3497
lbaer {at} greendotcorp(.)com
|
TechWhack on Facebook
|
Related Posts |
Popular Posts
|
