RushCard and Green Dot Join Forces on Exclusive Distribution Deal
UniRush, LLC and Green Dot Corporation (NYSE: GDOT) – an industry-leading provider of low-cost banking and payment solutions, announced today that the two companies have entered into an exclusive multi-year distribution agreement.
The Agreement provides that Green Dot Bank will serve as the exclusive issuer of the retail version of the RushCard, with Green Dot Corporation serving as a co-manager on the portfolio with UniRush. Green Dot has also agreed to make the product available for sale by select Green Dot retail partners nationwide, which includes many of the leading national grocery, mass merchandise, drug and convenience store chains.
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