Green Dot Corporation Recognized for Excellence at the Annual Paybefore Awards

Industry Leader recognized for Achievement in Prepaid

LOS ANGELES, March 25 (AllPayNews.com) -- Green Dot Corporation, a leading provider of retail-based financial services for America's underserved community, has been recognized by Paybefore, the leading resource for news, analysis and features on the prepaid and stored value card industry. Paybefore Magazine honored achievements in twelve categories during the 2009 Annual Paybefore Awards ceremony held March 10 during the Prepaid Expo USA in Orlando, FL. Green Dot was recognized in three categories including Best-in-Category recognition for "Best Consumer-Funded Prepaid Card" for the Walmart MoneyCard along with Walmart and GE Money. Green Dot CEO and Founder Steve Streit was awarded the prestigious "Industry Achievement Award," and finally, for the second year in a row, Green Dot Corporation was honored as a winner for "Best Prepaid Marketing or Awareness-Building Program."

"We truly appreciate being honored by Paybefore for acknowledging Green Dot's commitment to our customers and to the prepaid industry as a whole." said Steve Streit, Founder and CEO of Green Dot Corporation. "As a company, and collectively as an industry, we have a rare and wonderful opportunity to truly impact the lives of customers in need of safe, low cost and reliable basic financial services. We see the Paybefore award as further acknowledgment that we're on the right track."

"Green Dot is a prepaid industry leader and an innovator with a deep commitment to its customers, who rely on Green Dot products for everyday activities such as paying for purchases, paying bills and getting cash," said Marilyn Bochicchio, Paybefore CEO and one of Paybefore Awards' five judges. "It's our honor to recognize Green Dot's achievements in serving these consumers, offering convenient and secure products that put them in control of their finances."

Winners were selected by a judiciary panel of five industry experts including Marilyn Bochicchio, CEO, Paybefore; Gary Palmer, executive vice president of Fidelity National Information Services and the NBPCA's chairperson-elect; Dan Horne, gift card researcher and associate professor of marketing at Providence College; Ken Howes, a director of Edgar, Dunn and Company and co-founder and director of the Prepaid International Forum; and John MacAllister, principal of Dorado Industries and a consultant in electronic payments for more than 25 years.

About Green Dot Corporation

Green Dot Corporation is a leading provider of retail-based financial services for America's underserved community. The company provides 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(R) and Visa(R) branded prepaid debit cards, gift cards and the Green Dot MoneyPak(R). 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.

Press Contact:
LB Baer
Green Dot Corporation
lbaer@greendotcorp.com
(626) 775-3497

SOURCE Green Dot Corporation