Treasury Prime Launches Prime Cash via Green Dot Network
Treasury Prime partnered with Green Dot to launch Prime Cash, a cash-deposit product powered by the Green Dot Network. The product lets fintechs using Treasury Prime's banking-as-a-service platform offer their customers cash funding at over 90,000 participating retail locations nationwide. Supported retailers include Walmart, CVS, and 7-Eleven.
End users locate a nearby store, generate a barcode within the fintech's app, and complete the deposit at the register. Funds are typically available in the customer's account within 15 minutes. The product is available upon bank approval and subject to availability.
Prime Cash targets customers who prefer cash transactions or lack access to traditional digital funding methods.
- Expands BaaS middleware value proposition beyond digital-only services into physical cash handling
- Signals growing demand from fintechs to serve underbanked and cash-reliant customer segments through embedded finance
- OfficialDocs — Press Release
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