Citi Cards and Green Dot Corporation Sign Strategic Agreement to Provide Prepaid Cards to Consumers.Relationship Expands Retail Distribution of Prepaid Debit Cards and Gift Cards NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Citi, the world's largest provider of credit cards, and Green Dot Corporation, a leading provider of retail-based financial products and services, today announced a strategic alliance to provide Citi-issued general purpose gift cards and reloadable prepaid debit cards to consumers. In addition, Citi Cards' retail business partners will have the opportunity to offer co-branded versions of these prepaid products to their customers. With this partnership, Green Dot further expands its national retail distribution of prepaid products. "At Citi, we are continually looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to broaden our card product offerings to consumers as well as expand the breadth of services we can provide to our retail partners", said Bill Johnson Bill Johnson may refer to:
Together, Green Dot and Citi will offer innovative prepaid financial solutions that are more accessible to millions of underserved consumers. Citi will issue prepaid MasterCard and Visa debit   The old Visa and Delta logos. cards co-branded with Citi and/or its retail partners. Both the gift cards and the prepaid debit cards can be used for purchases everywhere MasterCard and Visa debit cards are accepted. The prepaid debit card products can be reloaded with the Green Dot MoneyPak[R], the leading product for reloading Reloading A term lenders commonly use to refer to the habits of borrowers taking out loans to repay the balance on other loans. Often reloading is done to take advantage of lower interest rates offered by other loans, and potential tax benefits. cash onto prepaid cards, at tens of thousands of retailer locations, and by direct deposit. Prepaid debit cardholders will also have ATM access to funds at Citibank and other network cash machines. Steve Streit, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of Green Dot Corporation states, "We are very proud to be working with Citi. They are a terrific organization with great retail partnerships. Citi and Green Dot share a common mission to provide core financial products and services to consumers through convenient retail locations. By combining the power of both companies, these important financial products and services will be more broadly accessible nationwide." About Citi Citi, the leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Nikko. Additional information may be found at citigroup.com or citi.com. About Green Dot Corporation Green Dot Corporation is a leading provider of retail-based financial services for America's underserved community. The company offers consumers financial products and services through thousands of leading retailer locations nationwide including Wal-Mart, Walgreens, CVS/Pharmacy, Rite Aid, Radio Shack and Kroger, including Kroger store chains Food4Less, Fred Meyer, King Soopers, Ralphs and Smith's. Green Dot's products include Green Dot MasterCard[R], and Visa[R] branded prepaid debit cards, Green Dot credit cards and the Green Dot MoneyPak[R]. Green Dot is headquartered in the greater Los Angeles area The Greater Los Angeles Area, or the Southland, is the agglomeration of urbanized area around the city of Los Angeles, California, United States. There are two "official" definitions—the Los Angeles metropolitan area consisting only of the Los Angeles and Orange . To learn more about Green Dot's products and services, please visit http://www.greendotonline.com and http://www.moneypak.com Green Dot[R] and MoneyPak[R] are registered trademarks of Green Dot Corporation. |
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