 It
is estimated that prepaid debit card market has
grown to over 60 million cardholders. many analyst
expect that during the 2005 holiday prepaid debit
card will be one of the leading gifts in the
country. Also prepaid debit cards will be one of the
most used forms of payment consumers will use to
make purchases and transactions.
Why has the
prepaid debit card market industry so much growth in
so little time?
Prepaid
debit cards provide a lot of financial solutions to
issues faced by the unbanked consumer segment such
as allowing consumers, who do not have a traditional
credit card, make purchases such as airline tickets,
car retntals and online purchases. With prepaid
debit card solutions such as allowing parents to
transfer money to the children in school is
possible.
Your
business now has the opportunity to capitalize on
this enormous market by becoming a Green Dot
retailer. Green Dot prepaid Visa and MasterCard
cards offer many of the same benefits of a "real"
credit card with no credit check or bank account
requirements. It can be used at millions of
locations worldwide including ATMs. Customers can
purchase a new card for only $9.95. They will
receive their personalized card and Cardholder
Agreement in the mail within seven business days.
When a customer spends all the money on their card
or decides to add more money to their card, they
simply return to any Green Dot Financial Network
retail partner location to reload for $4.95.
Green Dot Prepaid debit cards are ideal for
consumers who are security- or budget-conscious,
students or as a financial tool for those who do not
qualify for a credit card or do not have a bank
account. |
