The reloadable prepaid card market managed to break free from the regulatory grip of the Durbin amendment in the final version of The Restoring American Financial Stability Act of 2010. Government ...

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 ...

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 ...

Breaktime, a nonprofit in Boston that provides homeless teens with jobs, housing and temporary financial support, had a problem: Homeless people couldn't get much value from the paper checks it gave ...

Use of reloadable prepaid cards — which can be used like credit and debit cards yet require no bank account or credit check — is surging. But the cards have a variety of drawbacks to consider. Fees: ...

The growth of e-commerce and the continuing expansion of outsourcing and the remote workforce are fueling a new approach to paying for services. Internet-focused companies are replacing traditional ...

What are prepaid debit cards? A prepaid debit card is a card that has a specific amount of money pre-loaded onto it. You can then use the card to make purchases as you would with a debit card attached ...

According to latest numbers by the Federal Deposit Insurance Corporation, about 14.1% of the population in the United States is under-banked. This means that millions of people may have difficulty ...

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 ...

A prepaid travel card (also known as a forex card) is a reloadable card that you pre-fill with foreign currency before your ...