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Higher One, Green Dot partnership enables cash transfers

Friday, April 29, 2011

Green Dot, a California prepaid financial services company, has been chosen as the cash transfer partner for Higher One, a technology and payment services company geared to higher education.

The Green Dot relationship will enable Higher One OneAccount customers to make cash transfers into their accounts with the Green Dot MoneyPak.


The Higher One OneAccount enables students to receive their residual financial aid faster, manage their money online and use a Debit MasterCard to make purchases. The Green Dot MoneyPak allows Green Dot cardholders and Green Dot partner customers to transfer cash to other accounts, including the Higher One OneAccount. MoneyPak is available at some 55,000 retail locations nationwide.

Green Dot MoneyPak is the cash transfer partner for more than 100 programs. It’s available at major retailers, including Walmart, Walgreens, CVS, Rite Aid and 7-Eleven. [end] 

Higher One, a payment services company focused on higher education, has earned integration certification with Banner Digital Campus system with both of Higher One’s product offerings–the CASHNet suite of payment processing solutions and OneDisburse Refund Management service.

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Grants ranging from $2,000 to $5,000 are available to colleges and universities as part of Higher One’s financial literacy initiative designed to promote personal money management for college students.

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