Green Dot Wins Four Categories in 2014 Paybefore Awards

  Green Dot Wins Four Categories in 2014 Paybefore Awards

Business Wire

PASADENA, Calif. -- February 26, 2014

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.

Since 2006, Green Dot and Walmart have partnered to offer the Walmart
MoneyCard^®, giving consumers a simple way to better manage and control their
finances. Cardholders can take advantage of Walmart Rapid Reload, which is a
way to add money to prepaid cards by swiping the card at any Walmart register.

GoBank is an award-winning bank account from Green Dot Bank, Member FDIC,
built to be used on a mobile device and allows members to choose their own
monthly fee, from $0-$9. GoBank has no minimum balance requirements and no
overdraft or penalty fees – all facilitated through a mobile phone for
customers on the go. Features include a sleek design, user-friendly interface,
a Visa debit card, a budgeting tool, P2P payments, mobile bill pay and paper
check payments, remote check deposit capture, a network of 42,000 fee-free
ATMs, and free cash deposits at participating Walmart, 7-Eleven and Kmart
stores.

About Green Dot

Green Dot Corporation is a technology-centric, pro-consumer Bank Holding
Company with a mission to reinvent personal banking for the masses. The
company is the largest provider of prepaid debit card products and prepaid
card reloading services in the United States, as well as a leader in mobile
banking with its GoBank mobile bank account offering. Green Dot Corporation
products are available to consumers at more than 90,000 retailers nationwide,
online and via the leading app stores. The company is headquartered in
Pasadena, California with its bank subsidiary, Green Dot Bank, located in
Provo, Utah.

About GoBank

GoBank is the award-winning new bank account made to be used on your mobile
phone, with no overdraft or penalty fees. With GoBank, members have full
access and control of their money from their iPhone, iPod Touch or Android
device, and can withdraw cash from more than 42,000 fee-free ATMs in the U.S.
People can sign up for a GoBank account at GoBank.com and via the GoBank app
from the Apple App Store and Google Play. For more information about GoBank,
visit http://GoBank.com. You can also visit http://facebook.com/GoBankUS or
http://twitter.com/GoBank.

GoBank is a brand and trademark of Green Dot Bank, Member FDIC, which also
operates under the brands Green Dot Bank and Bonneville Bank. Deposits under
any of these trade names are deposits with a single FDIC-insured bank, Green
Dot Bank, and are aggregated for deposit insurance coverage. ©2014 Green Dot
Bank. All rights reserved.

About Paybefore

Paybefore is the leading information provider to prepaid, mobile and emerging
payments industry professionals, offering the latest news, commentary and
analysis. Paybefore’s family of industry publications includes: Paybefore.com;
Pay News™; Pay Gov™; Pay Week™; Pay Op-Ed™; Pay Magazine™, a biannual print
publication featuring in-depth articles on the opportunities, challenges and
trends in the global payments industry; and the only industry directory, Pay
Connect™ buyer’s guide, available online and in print. Visit us at
www.paybefore.com.

Contact:

Investor Relations
Christopher Mammone, 626-765-2427
IR@greendot.com
or
Media Relations
Brian Ruby, 203-682-8286
Brian.Ruby@icrinc.com
 
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