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Pasadena-Based Green Dot Announces New Cash Processing Technology

Published on Friday, August 7, 2015 | 10:57 am
 

Pasadena-based Green Dot Corporation has announced  a new cash processing technology that enables customers to securely and conveniently add cash to their accounts at participating retailers using their mobile device.

The service leverages Green Dot’s new mobile and web-enabled barcode generation system and thousands of Green Dot retail locations to provide a new cash-loading option.

In announcing the new service, General Manager Helena Mao of the Green Dot Network said Green Dot @ the Register facilitates a “safer and seamless process for adding cash to accounts that is easy, convenient and intuitive” for both customers and retailers.

“This is another example of how Green Dot is expanding its technology platform to be adapted for numerous uses, including reloading prepaid cards and digitizing cash from a customer’s wallet at the retailer point of sale and then sending it to any type of account instantly,” Mao said. “Our goal is to utilize Green Dot’s latest cutting edge mobile technology and marry it to Green Dot’s legacy retail point of sale technology to create a massive network of retail locations where instant cash movement can happen for any number of purposes.”

To use the service, customers of participating Green Dot partners can log into their accounts from their desktop or mobile browser and select the ‘Add Money at a Store’ option to generate a unique barcode, which can be displayed on their mobile device or printed.

Customers can then simply present the barcode to the cashier at a participating retailer. The cashier will scan the barcode and collect the cash to complete the load transaction.

Customers who use PayPal can now easily add money to their account online using Green Dot @ the Register and PayPal Cash. Logging into PayPal, a customer can generate his own barcode for the cashier to see so he can add cash fast, securely and conveniently.

Other uses of the Green Dot @ the Register can be explored at www.attheregister.com.

 

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