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Tag: Walmart
Green Dot Fights Scammers
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.
Prepaid Card Use Continues To Grow
That’s according to Madeline Aufseeser, a senior analyst with Aite Group, a consultancy that monitors the prepaid card industry. That $200 billion will translate to a whopping five percent of all retail sales in America.
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
Green Dot and Walmart Expand Prepaid Partnership
Six new Walmart MoneyCard prepaid debit cards are announced as the retailer expands its partnership with Green Dot by Chris Warren Just how well, or poorly, Green Dot Corporation, a leading supplier of prepaid debit cards, would fare in its latest quarterly earnings report was the source of considerable disagreement. In the weeks leading up… Continue reading Green Dot and Walmart Expand Prepaid Partnership
Hackers Target Walmart MoneyCards
Walmart MoneyCard holders around the U.S. report being swindled by Chris Warren It has been a miserable month for a small number of Walmart MoneyCard customers. According to a story on the website ConsumerAffairs.com, a host of Americans who use the retailer’s general purpose reloadable prepaid debit card have had their accounts hacked recently. In… Continue reading Hackers Target Walmart MoneyCards