PASADENA, Calif.--(BUSINESS WIRE)--Oct. 20, 2014--
ACE Cash Express, Inc. (ACE) and Green Dot Corporation (NYSE:GDOT) have
signed a distribution agreement, making ACE an authorized retailer for
the Green Dot Reload Network. Beginning this month, any cardholder with
a Green Dot Network-enabled prepaid card can now reload cash to their
card at any of ACE's 1,500 locations in 35 states and the District of
Columbia. Additionally, in 2015, Green Dot will begin selling other
Green Dot-branded products at ACE locations.
Green Dot owns and operates the nation's largest reload network. More
than 200 programs representing millions of cardholders utilize Green
Dot's network for reload services through approximately 100,000 retail
locations nationwide. Green Dot's recent expansion into leading
financial services center (FSC) retailers throughout the U.S. has met
with strong retailer and consumer demand. In just the past twelve
months, Green Dot has gone from no distribution in this important
customer channel to now, with the addition of ACE, nearly 3,000 FSC
locations coast to coast selling its products and services.
About ACE Cash Express
ACE Cash Express, Inc. is a leading retailer of financial services,
including payday loans, installment loans, title loans, check cashing,
bill payment, wire transfer, money orders and prepaid debit card
services. ACE is the largest owner and operator of check cashing stores
in the United States and the second largest owner and operator of
short-term consumer loan stores in the United States. ACE focuses on
serving consumers, many of whom seek alternatives to traditional banking
relationships in order to gain convenient and immediate access to
financial services. For additional information about ACE Cash Express,
visit www.acecashexpress.com.
ACE
Cash Express on Twitter and ACE
Cash Express on Facebook
About Green Dot Corporation
Green Dot Corporation and its wholly owned subsidiary bank, Green Dot
Bank, are focused exclusively on serving Low and Moderate Income
American families with modern, fair and feature-rich financial products
and services, including prepaid cards, checking accounts and cash
processing services distributed through a network of some 100,000 retail
stores, neighborhood financial service centers and via digital channels.
The Company is headquartered in Pasadena, California with Green Dot Bank
located in Provo, Utah.
Source: Green Dot Corporation
Investor Relations
Green Dot Corporation
Christopher Mammone,
626-765-2427
IR@greendot.com
or
Media
Relations
ICR for Green Dot Corporation
Brian Ruby,
203-682-8268
PR@greendot.com
or
ACE
Cash Express
Victoria Daugherty, 972-550-5161
Communication
Manager
vdaugherty@acecashexpress.com