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January 20, 2023

On the wires

Paymentus Adds Retail Access Points with Green Dot to Growing Suite of Cash Bill Pay Solutions To Serve Cash-Preferred, Underbanked and Unbanked Consumers

Businesswire

Paymentus Holdings Inc., a leading electronic bill presentment and payment provider, today unveiled expanded Cash Bill Pay capabilities on its Instant Payment Network®. Powered by Green Dot Corporation’s expansive Green Dot Network, billers connected to the Instant Payment Network will be able to accept cash payments from customers made at more than 90,000 retail locations.

February 22, 2019

On the web

Direct Deposits Fuel Green Dot’s Payment Volume and Revenue Growth

Digital Transactions

“Green Dot Corp.’s diversification from a pure prepaid card management company into banking and other financial-services niches is driving direct deposits into its card accounts and spurring revenue-generating payment volume, according to the company’s latest financial report. Pasadena, Calif.-based Green Dot said Wednesday that fourth-quarter purchase volume on its cards rose 10% to $6.2 billion from the year-earlier quarter’s $5.65 billion. That increase came despite the active card base growing only 0.6% to 5.29 million.”