Green Dot Wins Four Categories In 2014 Paybefore Awards

Green Dot Corporation (NYSE:GDOT) today announced it has been chosen as a 2014 Paybefore Awards winner in four categories for its prepaid debit card products and award-winning mobile bank account, GoBank.

Green Dot shares honors with Walmart in the “Consumer Champion” category for the Walmart MoneyCard ® reloadable prepaid card program, which Green Dot issues and manages. In addition, Green Dot received recognition in “The Better Way” category for Walmart Rapid Reload, which supports the Walmart MoneyCard ® and Green Dot reloadable prepaid debit card programs. GoBank was chosen as a winner in “The Gotta-Have Mobile App” and “Paybefore Genius Award” categories.

For eight years, the Paybefore Awards have conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, the leading information provider to prepaid, mobile and emerging payments industry professionals.

“We are honored to be recognized by a highly respected industry voice like Paybefore,” said Alok Deshpande, Chief Product Officer, Green Dot. “Green Dot’s prepaid debit cards and the GoBank app have received a number of industry accolades and positive testimonials from banking professionals, media and users for outstanding features and functionality. To receive honors for both offerings is exciting and a testament to our hard work in creating financial products that are changing the way people can bank.”

“An industry is only as good as its innovators. This year’s Paybefore Awards have demonstrated that prepaid, emerging and mobile payments companies always find new ways to address consumer, government and business needs,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “We are proud to recognize Green Dot and GoBank’s contributions to advancing the industry.”

“The companies and programs recognized in the 2014 Paybefore Awards are great examples of what can be accomplished when innovators apply thoughtfulness and payments technology to address real-world needs,” added Marilyn Bochicchio, Paybefore’s CEO.

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