Green Dot, InComm sign prepaid distribution deal

Green Dot, InComm sign prepaid distribution deal
Tags: Bank / Credit Union, Debit / Credit, EFT Networks, North America, Other, Prepaid / Stored Value / Gift Card, Transaction Processing
December 11, 2006

LOS ANGELES - Green Dot Corp., provider of retailer-sold prepaid debit cards and operator of the Green Dot Financial Network, has signed a distribution deal with point-of-sale activator, InComm. According to a news release, the deal allows the two companies to share technology, retail networks and marketing opportunities.

Green Dot is expected to use the InComm Fastcard Network for activation of its prepaid debit cards; InComm will have access to the Green Dot Financial Network for card reloading.