Provided by InComm Payments, powered by the Mastercard network and issued by MetaBank®, Scarlet aims to make financial wellness more convenient and accessible
DEERFIELD, Ill. and ATLANTA – Walgreens and InComm Payments, a leading global payments technology company, today announced the launch of Scarlet, a bank account and debit card powered by Mastercard and issued by MetaBank®, available exclusively at Walgreens. Scarlet helps make the path to financial wellness simpler than ever with Walgreens Cash rewards, as well as personal finance planning tools and payment solutions. Scarlet will be available at more than 9,000 Walgreens stores nationwide, online and via the Walgreens mobile app.
“With a focus on our customers’ health and wellbeing, Walgreens is pleased to expand our financial services offerings with Scarlet, and further expand the broad spectrum of financial solutions that are accessible to the customers, patients and communities we serve,” said Maria Smith, vice president of payments & financial services at Walgreens. “Scarlet is just the latest expansion in the Walgreens financial services portfolio, which also includes the Walgreens mobile wallet, remittance services, ATM, third party banking services and the recently launched myWalgreens Credit Card. We look forward to deepening engagement with our customers, as we continue to support their personal and financial wellbeing.”
“We are proud to bring Scarlet exclusively to Walgreens,” said Stefan Happ, President of InComm Payments. “With Scarlet, we are excited to provide Walgreens’ customers with banking and financial management solutions to help make financial wellness habits more convenient and accessible than ever before.”
“The launch of Scarlet speaks to a continued desire and demand from consumers for seamless and accessible financial experiences,” said Kush Saxena, executive vice president, U.S. Merchants and Acceptance at Mastercard. “We are pleased to deliver our technology and healthcare expertise to deepen Walgreens’ commitment to providing more relevant and personalized solutions for cardholders at Walgreens and beyond.”
A Path to Financial Health:
Scarlet provides tools to help accountholders build healthy financial habits, earn rewards, and save on future purchases. Scarlet accountholders will enjoy:
Valuable Walgreens Cash rewards on Purchases:
• 3% Walgreens Cash rewards on eligible purchases at more than 9,000 Walgreens locations, Walgreens.com, Duane Reade stores and via the Walgreens mobile app
• 1% Walgreens Cash rewards on eligible purchases wherever Mastercard is accepted2
Features to Promote Financial Wellness:
• $10 statement credit for first $10 spent, available until September 30, 2021
• Free 2-day early direct deposit
• Free to add cash at Walgreens and Duane Reade locations with Barcode Reload
• Free withdrawals at more than 55,000 ATMs nationwide
• Goal setting to help forecast and manage personal spending
Convenience Solutions Making Banking Accessible anywhere:
• Pay bills anytime, anywhere with online or mobile bill pay
• Mobile wallet compatibility
• Mobile check capture by Ingo® Money
• Cash back at the register
• 24/7 customer service
• Send money for free to other Scarlet Accountholders
• FDIC insured
For more information and to open an account, visit getScarlet.com.
About InComm Payments
InComm Payments is a global leader in innovative payments technology. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions that help businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments and financial services. By enabling omnichannel connections to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With three decades of experience, over 500,000 points of distribution, 402 global patents and a presence in more than 30 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga. Learn more at www.InCommPayments.com.
About MetaBank®, N.A.
MetaBank®, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc.® (Nasdaq: CASH), a South Dakota-based financial holding company. MetaBank, is a financial enablement company that works to increase financial availability, choice, and opportunity for all. MetaBank strives to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products that contribute to individuals and communities at the core of the real economy. Additional information can be found by visiting www.metapay.com or www.metafinancialgroup.com.