PR - Apollo Enterprise Solutions and Green Dot Announce Partnership

 
Apollo Enterprise Solutions LLC, a leading provider of web-based payment and collection technology, and Green Dot Corporation, a leading provider of retail-based financial services for America’s underserved community, announced today that they have entered into a strategic partnership to provide Apollo’s commercial clients with access to the Green Dot Network, one of the largest retail-based cash acceptance networks in the United States. Through this agreement, Apollo clients will be able to provide individual payers with a convenient cash payment method using Green Dot MoneyPak. The Green Dot MoneyPak enables bill payers to easily make cash payment transactions with Apollo’s clients with funds 100% guaranteed.

MoneyPak is a safe and affordable way of turning cash into a digital form of payment. It is the leading product for loading cash onto prepaid cards, and can be used to make payments and add cash to accounts. Available at more than 40,000 retailers nationwide, including Wal-Mart, Walgreens, CVS/Pharmacy, Rite Aid, Radio Shack, Kroger, Ralphs, Food4Less and Fred Meyer, MoneyPak is a reload and payment solution that empowers consumers who don’t use conventional banking and credit card systems with electronic cash payment options. Consumers can load a MoneyPak for $4.95 (suggested retail price) at any Green Dot retailer location. 

With the Apollo partnership, Green Dot significantly expands MoneyPak capabilities within the bill payment category. Utilizing their MoneyPak, consumers will be able to make payments on their accounts with Apollo clients through a payment gateway between Apollo’s web-based Intelligent Debt Solutions (IDS) payment and collection system, which facilitates debtor self-payment and self-settlement, and the Green Dot Network. Apollo’s clients include primary creditors, collection agencies, debt buyers and legal recovery firms.

“Our partnership with Green Dot further enhances the effectiveness of our Intelligent Debt Solutions system by allowing our clients to receive payments electronically from the vast base of consumers who make payments with cash,” said Jeff Dickey, Executive Vice President, Sales & Marketing at Apollo. “Consumers now have immediate access to a network that will enable them to pay our clients with cash in a more timely manner.”

“We are proud to partner with Apollo and offer the Green Dot MoneyPak as a payment solution for their world-class IDS debt collection system,” said Mark Troughton, President, Cards & Network at Green Dot Corporation. “Leveraging our retail-based universal cash acceptance network, Apollo’s clients will streamline their processes by achieving fast settlement of cash transactions in real time. We are also pleased to offer even more bill payment choices to our consumers who use MoneyPak to pay their bills affordably and timely.”