In 2015, Americans loaded over $76 billion onto prepaid debit cards, using them to receive deposits, make purchases and pay bills. Prepaid debit cards —also called general purpose reloadable (GPR) ...
When Steve Streit conceived the prepaid debit card, he had something very specific in mind: a way to let kids spend money online without using a parent’s credit card. He didn’t imagine that 16 years ...
The number of prepaid debit cards has spiked in recent years, offering consumers a new tool for handling their finances. But like checking accounts, prepaid cards can also bear many types of fees -- ...
Two years after the Consumer Financial Protection Bureau first proposed rules aimed at making prepaid cards safer and less costly for the 24 million unbanked consumers who make use of these sometimes ...
A recent article in American Banker, “Prepaid card debacles, from BofA to the Kardashians,” paints a distorted picture of an industry that has and continues to provide value, innovation, security and ...
Reporting from Washington — Americans who use a fast-expanding array of prepaid cards for everyday transactions such as shopping, withdrawing money from ATMs and receiving pay or government benefits ...
Canadian Prepaid Market Set to Surpass CA$19 billion by 2028 as Canadians seek flexible, digital-first payment options TORONTO — New research i from the Canadian Prepaid Providers Organization (CPPO) ...
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