Green Dot Corporation (NYSE:GDOT), a leading prepaid financial services company, today announced that it has entered into an agreement with Blackhawk Network to sell Green Dot brand general purpose reloadable debit cards through Blackhawk's network of retail partners.
Blackhawk Network is a leading provider of prepaid and financial payments products for consumers and businesses.
Through this agreement, Green Dot expects its prepaid debit card products to be available at 10,000 Blackhawk Network Prepaid Center locations over the next 24 months. Initially, the expected rollout will begin with 5,000 locations. Green Dot's prepaid products are currently available at more than 55,000 retailers in the United States.
"Blackhawk's large network of retail locations provides a great platform for Green Dot to further expand its national reach," said Mark Troughton, Green Dot's President of Cards and Network.
"This partnership ultimately benefits consumers throughout the country by making it easier for them to find the prepaid products they need for their everyday finances," said Talbott Roche, President, Blackhawk Network. "As we expand our network, we will continue to look for ways to increase convenience and value for the consumers who depend on us."