FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Uber, Green Dot & MasterCard Expand Instant Pay to Most U.S. Debit Cards

Grace NotobyGrace Noto
August 16, 2016
in Payments
Reading Time: 2 mins read
0
Share on Facebook

© Can Stock Photo Inc. / logoboomUber announced today that the Instant Pay option for its drivers has been  extended to nearly all U.S. debit cards, with the help of MasterCard Send and Green Dot, the operator of the mobile-first bank GoBank.

“The expansion offers frictionless, elegant service to Uber, which is the poster child for the on-demand market,” said Green Dot Senior VP of Product Mike Panzarella. “As we move forward, as we look into the American general market, we’re seeing a large shift for an on-demand economy, and Green Dot has the services to help attract and satisfy partners.”

Uber drivers using the Instant Pay option are able to have their money instantly deposited to an Uber debit card through their GoBank account, an ease of payment that drew 80,000 drivers to sign up for GoBank since the option launched in March. Though MasterCard operates the payment network, payments can go to Visa or Discover cards as well.

Now, with the expansion, Uber drivers will be able to send their money, with the help of the MasterCard Send platform, to any debit card on the MasterCard, Visa or Discover network in the USA. Currently, this Instant Pay expansion is running in 45 cities, according to Green Dot, which has completed over 60,000 Instant Pay transactions since the program’s launch. This expansion, according to Panzarella, will allow Green Dot to better serve the on-demand economy.

“Uber says, Pay this partner or driver, and we make it seamless for them to do that,” said Panzarella. “Not only does it expand Uber driver partnerships, but it allows us to leverage Green Dot technology to disburse very widely and with extreme efficiency.”

The service is “underpinned” by the MasterCard Send platform, according to MasterCard Executive Vice President, Customer Deliver, North America Jennifer Rademaker, who added that the reach of MasterCard Send is nearly every debit card issued in the U.S.

“Together, we’re bringing more choice to consumers in terms of how they receive their payments,” said Rademaker of MasterCard’s partnership with Green Dot. “We’re underpinning the push payments, in this first instance to Uber but really it can be expanded to lots of different applications.”

To learn more about payments, join us at Bank Innovation Israel this November 1-3 in Tel Aviv. Learn more and register here.

Tags: fintechGoBankGreen DotMastercardstartupsUber
Previous Post

BankMobile Seeks College Ambassadors to Spread Education and Awareness

Next Post

The new US Fintech Index: KFTX

Related Posts

RBC building in Toronto
Payments

Francisco to buy payments firm Moneris from RBC, BMO for $1.4B

August 11, 2026
Interior of a Cloudflare office building with signage
Payments

Nonhuman traffic surpasses human traffic on Cloudflare network

August 7, 2026
block cash app
Payments

Block ships more than 130 features in H1 2026, up 3X YoY because of AI

August 6, 2026
Next Post

The new US Fintech Index: KFTX

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account