Tag: prepaid cards
Banks chase R29bn prepaid-card market in SA
I’m off to Cape Town next week to meet some of the key players behind the growth of Prepaid in the region. In South Africa we haven’t got to the point yet where local celebrities are clamouring to get their names branded on prepaid cards, but it is a market that is showing so much…
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Government administered, general use prepaid cards in the US
A report has been released by the US Federal Reserve System titled “Report to the Congress on Government-Administered, General-Use Prepaid Cards“. It makes interesting reading. In 2010, depository institutions provided cardholder use information for 90 federal, state, and local programs operating in 36 states. These programs employed 20 million cards, representing more than one billion…
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Playing it safe with the prepaid card
Fancy a change? Okay, let’s narrow down the subject — we’re talking not about your lifestyle, but how you pay for it. If you’ve grown tired of paying interest, late payment fees and a host of other card charges, you may want to consider using a prepaid card. This is an innovative way of getting…
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Credit card debt could decline as people try to take control of finances
The number of people facing debt problems because of overspending on a credit card may decline as consumers are turning to debit and prepaid cards instead. According to Kevin Harrington, managing director at Global Prepaid Exchange, which offers services to the industry, credit card usage is declining. via Credit card debt could decline as people try to…
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4 reasons everyone should consider a prepaid card
Prepaid credit cards are one of the biggest growth areas in financial services. While other countries have embraced the benefits of the everyday prepaid card for some years, it is only now that UK consumers are heading online in numbers to compare prepaid debit cards and credit cards. There are a number of advantages to…
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Prepaid cards more convenient for gap year money
In this quote below I was specifically talking about a specific product not all prepaid cards. Nevertheless, there are substantial benefits for most prepaid cards. “The exciting thing from a traveller’s point of view is that, if you lose the card you can stop it, and you’re supplied with a free emergency card straight away,”…
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