prepaid debit cards

Prepaid debit cards are in favour among the underbanked according to Aite Group

December 2, 2009 - 2:37pm | News | Plastic cards

Aite Group study shows that prepaid debit cards are gaining favor among the underbanked, yet only a minority of this consumer segment uses them.
The firm conducted a study of 400 check-cashing store users and examined the characteristics of those underbanked consumers who use prepaid debit and possible opportunities for growing adoption of this payment instrument among this demographic.

Aite Group | payment | prepaid debit cards | underbanked consumer

0 points

NetSpend partners with Check City for prepaid cards in the West and Mid-Atlantic

August 18, 2009 - 8:07am | Articles | Plastic cards

A provider of card-based prepaid financial products to underbanked customers NetSpend has signed a distributor agreement with Check City, a check cashing and payday loan provider in the Mountain West and Mid-Atlantic regions. The distributor agreement positions NetSpend as the chain’s exclusive prepaid debit card provider. With 70 stores in Nevada, Utah, Virginia, Maryland and Colorado, Check City will increase NetSpend’s check cashing distribution in these regions and is expected to drive significant card sales and direct deposit enrollments.

Check City | distributor agreement | NetSpend | prepaid debit cards | underbanked customers

2 points

Did not find what you want? Try to search all ecommerce sites!

Custom Search