Reloadable prepaid debit cards have gone so mainstream they share space now with top bank brands on at least one credit card comparison website. NerdWallet Inc., a firm with offices in New York and ...
Consumer groups and some lawmakers contend that prepaid cards lack some of the protections offered by traditional bank and credit union accounts, and often include an assortment of fees that can ...
General purpose reloadable cards (GPR cards) are a type of plastic, prepaid, debit-like card containing a set amount of money and are becoming more popular in the "unbanked" community. Being ...
Last year, Michael Abukhader's 12-year-old son, Jacob, received a $30 NASCAR prepaid Visa card from an aunt who thought it would provide a convenient way to give him cash for birthdays and other ...
Because Know Your Customer (KYC) information is not required for this “bearer” card at the time of issuance and card activation, the card provides incredible ease of use to payment issuers, employers ...
With costs on the rise in the banking industry, a March 2011 study found that prepaid cards might be a sound financial decision for people — even outpacing checking accounts in some cases.
Q: My boyfriend bought me a Green Dot reloadable debit card with $100 on it. What a mistake! He thought it was like a gift card. Totally unreasonable fees, wrong amount of a transaction charged, I can ...
Students who have a credit balance on their student account will receive refunds electronically via direct deposit or deposit to a reloadable debit card supplied by the student. The system is called ...
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