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Green Dot Launches MoneyPak

Cheap Green Dot Moneypak Card The return of MoneyPak to store shelves in the first half of 2016 fulfills one of Green Dot’s initiatives in its publicly stated “Six Step Plan to achieve $1.75 in non-GAAP EPS in 2017.”

Green Dot’s MoneyPak is one solution for those who do not have a bank account to deposit money. The $5.95 fee is steep, but that’s the name of the game when you’re bank-less.

However, if you do have a bank account and are using MoneyPak to send money to a family member or friend who also has a bank account, using tools like Venmo, Zelle or PayPal can be much more affordable and convenient.

If you deal with cash and don’t use traditional bank accounts, MoneyPak is an easy way to add funds onto certain prepaid debit cards. Millions of Americans use prepaid cards as an equivalent to checking accounts.

Features available with the MoneyPak include:

    A Low Cost Way to Reload Money to a Family or Friend’s Card – Customers can load $20-500 onto a family or friend’s card for just $5.95.
    A Convenient Alternative to Reload @ the Register – Need to reload your own card but forgot it at home? MoneyPak can be a convenient alternative and save customers a second trip back to the store.
    Reload while on the Go - MoneyPak is mobile-enabled. Just complete a one-time registration on MoneyPak.com and have your MoneyPak number handy to reload on the go.
    Use MoneyPak with More Than 300 Card Programs – Use MoneyPak to easily load cash to any of the 300  prepaid card programs currently on the Green Dot Network.

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