Prepaid cards are one of the fastest-growing payment types, replacing the checking account for many.
Zero in on what a prepaid card actually does (and doesn’t do) and you'll see why they serve little purpose in personal finance.
The Durbin Amendment affected only banks and credit card firms with assets of more than $10 billion, exempting more than 14,000 institutions.
Consumers with smartphones may quickly find it replacing their card when it comes to getting cash.
The average debit card fraud in 2010 was $2,529, according to a study.
Customers can now use Coinstar kiosks to withdraw money using Paypal accounts.
Consumers may actually be getting a good deal with the Durbin Amendment, according to the Merchants Payments Coalition.
Prepaid cards were up 18% in 2011 compared to the previous year, according to Javelin Research.
Lenders are pushing prepaid cards to young adults following federal legislation regarding credit cards.
Watch out, Suze Orman. Amex is introducing major enhancements to its prepaid debit cards, including direct deposit, higher ATM withdrawal thresholds and the opportunity ...
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