BBVA Compass’ decision to start issuing its own reloadable prepaid debit card eventually may help the bank earn revenue from cardholders who want to share an account with other individuals, including ...
The reloadable prepaid card market managed to break free from the regulatory grip of the Durbin amendment in the final version of The Restoring American Financial Stability Act of 2010. Government ...
Reloadable general-purpose prepaid cards, once thought to be largely exempt from the debit card interchange restrictions of the Durbin Amendment, will be covered by that law in more cases now that the ...
What are prepaid debit cards? A prepaid debit card is a card that has a specific amount of money pre-loaded onto it. You can then use the card to make purchases as you would with a debit card attached ...