Green Dot MoneyPak® is a prepaid payment method that allows consumers to turn physical cash into electronic cash to spend online or over the telephone. Green Dot MoneyPak is sold in major drugstores and retailers nationwide. Now you can offer your cash-preferring or security-conscious customers a safe, convenient payment method that fits their lifestyle. Unlike other payment methods, there is no need for customer account approval, banking relationships, personal information sharing or credit checks.
Customers purchase the MoneyPak from a Green Dot retailer in any denomination, up to $1100. Once loaded, the customer can use the MoneyPak for online purchases. Your customer will simply select Green Dot MoneyPak as the payment method at checkout and enter the MoneyPak number. You submit the payment data to Chase Paymentech with your other transactions and receive consolidated funding and reporting.
Although the Green Dot MoneyPak may appeal to your existing security-conscious customers, the larger market opportunity is the ability to reach consumers who are not current customers. Green Dot MoneyPak allows you to tap into the cash-preferring marketplace and reach new consumer demographics - with limited risk and at an affordable cost.
Contact us today to start accepting Green Dot MoneyPak payments.
Green Dot MoneyPak® is a registered Trademark of Green Dot Corporation.