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Paper or Plastic? The Potential Impact of Prepaid Cards on Personal Financial Management.

Authors :
Morgan, Lesley
Source :
Bridges (Federal Reserve Bank of St. Louis); Spring2012, p1-3, 3p, 2 Charts
Publication Year :
2012

Abstract

The article reports on the impact of prepaid cards in the financial services industry in the U.S. It is highlighted that prepaid cards can help fill the gap between the cash and the cashless segments of society that now exist. Details on the functions of prepaid cards on financial institutions are also shown. INSET: Sample Potential Savings Using Prepaid.

Details

Language :
English
Database :
Complementary Index
Journal :
Bridges (Federal Reserve Bank of St. Louis)
Publication Type :
Periodical
Accession number :
77415478