Green Dot, a California prepaid financial services company, has been chosen as the cash transfer partner for Higher One, a technology and payment services company geared to higher education.
The Green Dot relationship will enable Higher One OneAccount customers to make cash transfers into their accounts with the Green Dot MoneyPak.
The Higher One OneAccount enables students to receive their residual financial aid faster, manage their money online and use a Debit MasterCard to make purchases. The Green Dot MoneyPak allows Green Dot cardholders and Green Dot partner customers to transfer cash to other accounts, including the Higher One OneAccount. MoneyPak is available at some 55,000 retail locations nationwide.
Green Dot MoneyPak is the cash transfer partner for more than 100 programs. It’s available at major retailers, including Walmart, Walgreens, CVS, Rite Aid and 7-Eleven.