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 ...
Debit cards make it easy to make purchases, shop online, and pull cash out of an ATM. But to use one, you need a checking account—and not everyone has one. If you’re a part of the “unbanked” community ...
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 ...
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 ...
Reloadable general-purpose prepaid cards, once thought to be largely exempt from the debit card interchange restrictions of the Durbin Amendment, will be covered by that law in more cases now that the ...
(RTTNews) - Walmart (WMT), together with Green Dot (GDOT), announced updated features and benefits for the Walmart MoneyCard Reloadable Debit Card program. According to Green Dot, the Walmart ...
If you love shopping at Target, you'll love their RedCard. Target has three types of cards to choose from: Credit, debit and reloadable. All cardholders receive a number of perks including a 5% ...
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 ...
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 ...
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