Issuer

Wonder what the term “issuer” means? The “issuer” of a prepaid debit card (or teen card or gift card) is the financial institution that provides an account (and typically a piece of plastic, or debit card, to access the account) to a consumer. Issuers can include banks, credit unions or savings and loan associations, and retailers such as department stores or gasoline companies. Payment associations, such as MasterCard or Visa, are not issuers, although American Express and Discover Financial Services are issuers.

Here are several of the largest issuers of prepaid cards:

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