Although the hearing was designed to highlight the impact these crimes have on the elderly, it also resulted in some genuine action. In its own written testimony before the committee, Green Dot Corporation, one of the leading suppliers of prepaid debit cards, announced that it would eliminate the MoneyPak PIN, which allowed money to be added to an account to take place via phone.
Tag: Green Dot
AmEx Serve Cards Announcement Hits Green Dot
When American Express announced earlier this week that its prepaid Serve cards can now be purchased at 4,100 Walmarts nationwide, the stock market reacted. But as a story on ABC News points out, Wall Street was mostly interested in what the partnership means for Green Dot, a major player in the prepaid card industry. And… Continue reading AmEx Serve Cards Announcement Hits Green Dot
The Debate Over Green Dot
Analysts disagree about how much longtime prepaid debit card supplier Green Dot should worry about new competitors By Shane Tripcony Recently, (Green Dot Corporation- click for our review of their prepaid card) has been a source of debate and disagreement. A longtime issuer of prepaid debit cards, Monrovia, California-based Green Dot, is an established player… Continue reading The Debate Over Green Dot
Green Dot Sues Sallie Mae Over Prepaid Deal
The good feelings between Sallie Mae and Green Dot are long gone now. Indeed, according to a report in Courthouse News, Green Dot has sued its former partner for $90 million in New York County Supreme Court. According to the story, written by reporter Nick Divito, who quotes extensively from the Green Dot lawsuit, the two companies had been in negotiations since late 2011 to form a partnership that allowed students to receive financial aid refunds on reloadable prepaid debit cards issued by Green Dot. This option was intended to be a part of Sallie Mae’s Campus Solutions business.
Mossy Oak Prepaid Debit MoneyCard (Walmart)
Note! This card does NOT help you build credit. Click here to compare secured credit cards (which are similar to prepaid cards) that help you build or rebuild your credit. Also, a few secured cards do not charge annual or monthly fees, unlike the monthly fees charged by prepaid cards. (Ad Link*) By Shane Tripcony… Continue reading Mossy Oak Prepaid Debit MoneyCard (Walmart)