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 ...

A comparison between checking-account offerings from top issuers and popular reloadable prepaid debit cards suggests that in some cases the cards are a better value, new research suggests. Processing ...

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 ...

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 ...

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 ...

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 ...

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 ...