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Prepaid Cards soar in use

Prepaid Cards soar in use

Prepaid debit cards are becoming increasingly popular. Consumers loaded approximately $29 billion onto such cards in 2009, and that amount is expected to reach $202 billion by 2013, according to a report from a unit of the Pew Charitable Trusts. The cards are particularly popular with young adults and those regarded as underbanked, or individuals [...]

The post Prepaid Cards soar in use appeared first on Payments Cards & Mobile.

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