Green Dot confirms it has migrated an additional 15 million account files to the MasterCard Payment Transaction Services (PTS) processing platform during the second planned conversion wave which was completed in March.
Including the first wave of account migrations, this brings the total number of account files successfully migrated to approximately 50 million.
The processor migration project is the result of more than two years of technology development between Green Dot and MasterCard PTS.
The remaining approximately 50 million account files are expected to be migrated over the course of 2016.
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