Western Union announced an exciting new prepaid card just in time for the Holidays. The card is part of a partnership between Western Union and multi-platinum Grammy-Award winning Wyclef Jean. Read More
Western Union announced an exciting new prepaid card just in time for the Holidays. The card is part of a partnership between Western Union and multi-platinum Grammy-Award winning Wyclef Jean. Read More
A study conducted by the Consumer Federation of America in October 2009 demonstrated the possibility that numerous consumers are harboring misconceptions about prepaid gift cards. The gift card market is a large market, with approximately $50 billion dollars slated to be
A 2009 study conducted by Bretton Woods, Inc., a management advisory firm, found that for the average checking account holder who maintains a low balance, prepaid debit cards are actually a cheaper option to a traditional checking account. The study compared
According to an article published in the Washington Post, prepaid debit card usage is on the rise. In 2008, consumers added $8.7 billion dollars worth of funds to credit-card-branded prepaid cards, doubling the approximately $4 billion dollars in deposits in 2007. Read More
While traditional banks have been forced to cut high overdraft fees due to negative publicity and customer dissatisfaction, some believe that this doesn’t go far enough towards protecting consumer’s from unfair fees and improper charges. For those who want an alternative to traditional banking or credit cards, with all the
Research for the 2009-2010 Holiday season indicates that that consumer spending on store gift cards is projected to fall by approximately 7% as compared with previous years. While sales of store-specific prepaid gift cards are expected to decline, sales of general purpose cards are expected to rise by 3% over
The Network Branded Prepaid Card Association published guidelines on September 29, 2009 aimed at Network Branded prepaid debit cards within the general purpose reloadable cards industry. These guidelines are designed to set industry-wide disclosure standards to guide purveyors of branded