Below is an excerpt of an article by IPA CEO, Brian Tate that was published in the American Banker. We invite you to click over and read the full article.
A recent article in American Banker, “Prepaid card debacles, from BofA to the Kardashians,” paints a distorted picture of an industry that has and continues to provide value, innovation, security and efficiency to individuals, businesses and government agencies. Prepaid accounts — including general-purpose reloadable prepaid cards, payroll cards, cards used to distribute government benefits, peer-to-peer products, and mobile wallets — represent some of the fastest- growing payment methods in the country. For nearly 20 years, prepaid products have brought value, innovation, security and efficiency to cardholders, employers and government agencies. Read the full article here. Comments are closed.
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August 2022
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